49 North Resources Inc.

49 North Resources Inc.verified

FNINF

Price:

$0.01

Market Cap:

$2.49M

49 North Resources Inc. is a venture capital firm specializing in seed capital and early stage investments. The firm typically invests in a diversified portfolio of common shares and other securities of resource issuers including all sectors of mineral exploration as well as oil and gas exploration and production around the globe. It focuses on resource issuers with exploration programs in Saskatchewan. The firm also seeks to co-invest. 49 North Resources Inc. was founded in 2005 and is based in Saskatoon, Canada.

Industry

Asset Management

IPO Date

2013-02-15

Stock Exchange

OTC

Ticker

FNINF

The Current Ratio as of December 2025 (TTM) for 49 North Resources Inc. (FNINF) is 0.68

According to 49 North Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.68. This represents a change of -8.45% compared to the average of 0.74 of the last 4 quarters.

49 North Resources Inc. (FNINF) Historical Current Ratio (quarterly & annually)

How has FNINF Current Ratio performed in the past?

The mean historical Current Ratio of 49 North Resources Inc. over the last ten years is 6.55. The current 0.68 Current Ratio has changed 931.18% with respect to the historical average. Over the past ten years (40 quarters), FNINF's Current Ratio was at its highest in in the September 2016 quarter at 32.65. The Current Ratio was at its lowest in in the March 2025 quarter at 0.65.

Quarterly (TTM)
Annual

Average

6.55

Median

1.89

Minimum

0.84

Maximum

23.69

49 North Resources Inc. (FNINF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of 49 North Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.68%

Maximum Annual Current Ratio = 23.69

Minimum Annual Increase = -89.74%

Minimum Annual Current Ratio = 0.84

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.84-5.73%
20230.89-29.64%
20221.26-48.53%
20212.45-23.36%
20203.20161.63%
20191.22-89.74%
201811.90-36.56%
201718.76-20.80%
201623.691.68%
20151.33-20.85%

49 North Resources Inc. (FNINF) Average Current Ratio

How has FNINF Current Ratio performed in the past?

The current Current Ratio of 49 North Resources Inc. (FNINF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.99

5-year avg

1.73

10-year avg

6.55

49 North Resources Inc. (FNINF) Current Ratio vs. Peers

How is FNINF’s Current Ratio compared to its peers?

49 North Resources Inc.’s Current Ratio is less than Elron Ventures Ltd (12.15), less than Base Carbon Inc. (42.30), less than Asia Standard International Group Limited (1.17), less than ENDI Corp. (12.81), less than KR1 Plc (138.73), less than Canadian Life Companies Split Corp. (6.97), greater than Queen City Investments, Inc. (0), less than Agronomics Limited (934.85), greater than Georgia Bancshares, Inc. (0.24), less than BBX Capital, Inc. (2.33),

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