49 North Resources Inc (CVE:FNR) was up 20% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 59,000 shares were traded during trading, an increase of 44% from the average daily volume of 41,056 shares. The stock had previously closed at C$0.03.

The company has a current ratio of 13.14, a quick ratio of 11.29 and a debt-to-equity ratio of 53.85.

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About 49 North Resources (CVE:FNR)

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.

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