49 North Resources (FNR) AI Stock Analysis

• Market Cap: C$4.16M
• Dividend Yield: N/A
• Average Volume (3M): 21.52K
• Price to Earnings (P/E): 50.0
• Beta (1Y): 0.55
• Revenue Growth: -82.82%
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Asset Management
• EPS (TTM): <0.01
• Shares Outstanding: 166,271,100
• 10 Day Avg. Volume: 13,100
• 30 Day Avg. Volume: 21,516
• PEG Ratio: -0.04
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 21.32
• P/FCF Ratio: -34.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• 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.

Positive Factors

Business Model Diversification

49 North Resources' diversified investment approach in mineral and energy projects provides potential for capital gains, dividends, and royalties, which can enhance long-term revenue stability and growth.

Strategic Partnerships

Engaging in strategic partnerships and joint ventures allows 49 North Resources to leverage external expertise and resources, potentially enhancing its operational efficiency and market reach over time.

Gross Profit Margin

A strong gross profit margin indicates effective cost management in core operations, providing a foundation for potential profitability improvement if operational inefficiencies are addressed.

Negative Factors

Negative Profitability

Significant negative profitability suggests operational inefficiencies and challenges in generating sustainable earnings, which could hinder long-term financial health and growth.

Revenue Volatility

Revenue volatility poses a risk to predictable cash flow and financial planning, potentially impacting the company's ability to invest in growth opportunities and maintain financial stability.

Negative Free Cash Flow

Persistent negative free cash flow indicates cash management challenges, which can strain liquidity and limit the company's ability to fund operations and strategic initiatives without additional financing.

49 North Resources Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

49 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

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-1.52M	117.00K	-1.44M	769.00K	641.00K	-4.46M
Gross Profit	-1.56M	74.00K	-1.48M	725.00K	558.00K	-4.48M
EBITDA	-1.59M	619.00K	-2.66M	-8.02M	-6.35M	16.58M
Net Income	-1.71M	477.00K	-2.82M	-8.19M	-6.59M	16.03M
Balance Sheet
Total Assets	16.77M	17.91M	16.83M	19.13M	26.46M	31.79M
Cash, Cash Equivalents and Short-Term Investments	4.93M	6.31M	6.29M	8.74M	16.24M	22.65M
Total Debt	5.44M	5.44M	5.51M	6.26M	6.32M	6.37M
Total Liabilities	9.50M	9.40M	8.80M	8.29M	7.73M	8.08M
Stockholders Equity	7.27M	8.50M	8.03M	10.84M	18.73M	23.71M
Cash Flow
Free Cash Flow	-63.00K	-73.00K	-159.00K	-303.00K	-1.79M	-325.00K
Operating Cash Flow	-63.00K	-73.00K	-159.00K	-303.00K	-1.79M	-325.00K
Investing Cash Flow	81.00K	65.00K	178.00K	15.00K	465.00K	321.00K
Financing Cash Flow	0.00	0.00	0.00	0.00	1.61M	0.00

49 North Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 below 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 bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.30 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZC	67 Neutral	C$7.10M	0.42	75.06%	―	486.23%	478.94%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IDK	46 Neutral	C$5.19M	-0.19	-55.73%	―	53.55%	-289.42%
QCA	46 Neutral	C$4.68M	-1.08	-37.19%	―	26.42%	-1217.14%
FNR	38 Underperform	C$4.16M	50.00	1.09%	―	-82.82%	―
AAB	35 Underperform	C$4.00M	-0.38	-203.84%	―	31.19%	16.05%
BLGV	35 Underperform	C$4.82M	-0.83	-226.11%	―	19.82%	-51.61%