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49 North Resources (TSE:FNR)
:FNR

49 North Resources (FNR) AI Stock Analysis

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49 North Resources

(FNR)

Rating:38Underperform
Price Target:
49 North Resources faces significant financial challenges with negative profitability and liquidity issues. The technical analysis indicates bearish momentum and valuation metrics suggest underlying financial difficulties. With no earnings call or corporate events to alter this perspective, the stock score reflects these concerns.

49 North Resources (FNR) vs. iShares MSCI Canada ETF (EWC)

49 North Resources Business Overview & Revenue Model

Company Description49 North Resources Inc. (FNR) is a Canadian-based resource investment company primarily engaged in the exploration and development of natural resources, with a particular focus on the mining and energy sectors. The company invests in a diversified portfolio of resource projects located mainly in the province of Saskatchewan, Canada, and aims to enhance shareholder value through strategic investments in mineral exploration and development ventures.
How the Company Makes Money49 North Resources Inc. generates revenue primarily through the strategic acquisition, exploration, and development of mineral and energy properties. The company invests in a range of resource-based projects and earns money by realizing capital gains on its investments, earning dividends from its holdings, and through royalties and other revenue-sharing arrangements from its portfolio companies. Additionally, 49 North may engage in partnerships or joint ventures with other mining and energy companies to leverage its expertise and resources, further enhancing its revenue-generating potential.

49 North Resources Financial Statement Overview

Summary
49 North Resources exhibits a precarious financial position with negative net income, revenue volatility, and significant profitability issues. The balance sheet shows moderate leverage, but declining equity and persistent negative free cash flow raise concerns about financial resilience and liquidity.
Income Statement
30
Negative
49 North Resources shows a challenging financial performance with negative net income and revenue volatility over the periods. The TTM data reveals a negative net profit margin of -131.22%, indicating significant profitability issues. Despite a positive gross profit margin of 94.06% in the TTM, the overall negative EBIT and EBITDA margins highlight operational inefficiencies. The company has experienced revenue swings, complicating growth assessments.
Balance Sheet
45
Neutral
The company's balance sheet reflects moderate stability with a debt-to-equity ratio of 0.70, indicating a manageable level of leverage. However, the decline in stockholders' equity over time suggests financial strain. The equity ratio is 45.77%, reflecting moderate reliance on equity financing, but the overall decrease in assets and equity raises concerns about long-term sustainability.
Cash Flow
40
Negative
49 North Resources' cash flow statement indicates consistent negative free cash flow, implying ongoing cash burn. The operating cash flow to net income ratio is -0.36, highlighting cash flow challenges relative to accounting earnings. Although there are periods of positive investing cash flow, the persistent operating cash outflows present liquidity concerns.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
117.00K-1.44M769.00K-6.11M-4.46M
Gross Profit
74.00K721.00K725.00K-6.19M-4.48M
EBIT
605.00K-2.25M-8.18M-6.35M16.69M
EBITDA
619.00K-2.66M-8.02M-6.35M16.58M
Net Income Common Stockholders
477.00K-2.82M-8.19M-6.59M16.03M
Balance SheetCash, Cash Equivalents and Short-Term Investments
6.31M6.29M8.74M16.24M22.65M
Total Assets
17.91M16.83M19.13M26.46M31.79M
Total Debt
5.44M5.51M5.57M5.62M5.67M
Net Debt
5.38M5.44M5.52M5.28M5.62M
Total Liabilities
9.40M8.80M8.29M7.73M8.08M
Stockholders Equity
8.50M8.03M10.84M18.73M23.71M
Cash FlowFree Cash Flow
-73.00K-159.00K-303.00K-1.79M-325.00K
Operating Cash Flow
-73.00K-159.00K-303.00K-1.79M-325.00K
Investing Cash Flow
65.00K178.00K15.00K465.00K321.00K
Financing Cash Flow
0.000.000.001.61M0.00

49 North Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
34.04
Neutral
STOCH
0.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FNR, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 34.04 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FNR.

49 North Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSKNT
77
Outperform
C$3.78B14.6639.28%105.06%481.75%
58
Neutral
$7.43B3.43-4.49%10.08%0.81%-49.42%
TSRDS
42
Neutral
C$153.04M-3.88%50.00%
TSFNR
38
Underperform
C$3.33M8.62-30.64%-27.36%64.15%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:FNR
49 North Resources
0.02
>-0.01
-33.33%
TSE:RDS
Radisson Mining Resources
0.42
0.25
147.06%
TSE:KNT
K92 Mining
15.85
8.25
108.55%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.