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Bullboard - Stock Discussion Forum 49 North Resources Inc V.FNR

Alternate Symbol(s):  FNINF

Financial Services Asset Management
49 North Resources Inc. is a resource investment, financial, and managerial advisory company. The Company’s principal businesses include investing in a diversified portfolio of common shares and other securities of resource issuers including, without limitation, resource issuers engaged in mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the... see more

TSXV:FNR - Post Discussion

49 North Resources Inc > Net net working capital
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Post by Torontojay on Jan 24, 2021 7:56am

Net net working capital

The net net working capital for 49 North resources is $16,469. I've made slight adjustments by excluding long term lease liabilities of 155k which is negligible anyway. The companies current assets consists mostly of equity investments which total $23,561 as of Sept 30th, 2020. 

Cash flow in the last 4 quarters is $ 215k 

The current market cap is $ 9.14 million!

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49 North Resources Inc