Canadian North Resources Inc. (CNRSF) Stock

About Canadian North Resources Inc.

Canadian North Resources Inc. is a Canadian company specializing in the exploration and development of mineral deposits across the country. Its primary focus lies in uncovering significant reserves of base metals such as nickel, copper, and cobalt, alongside platinum group elements (PGEs) including palladium, platinum, and rhodium. The cornerstone of its operations is the Ferguson Lake property, situated within the Kivalliq Region of Nunavut, Canada. This key asset comprises ten contiguous mining leases, collectively spanning an impressive 9,686 hectares. Originally established in 2013, the company rebranded from Canadian North Resources and Development Corp. to its current designation, Canadian North Resources Inc., in November 2020. Its corporate headquarters are located in Mississauga, Canada.

Canadian North Resources Inc. is headquartered in CA.

Canadian North Resources Inc. (CNRSF) stock trades at $0.26 with a market capitalization of $30.13M. The stock is valued at a negative price-to-earnings (P/E) ratio of -30.95, reflecting a net loss over the last twelve months, price-to-book of 0.52, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.26 and $0.56, and currently trades 53.6% below its 52-week high.

On profitability, Canadian North Resources Inc. generates a return on equity (ROE) of -1.66% (negative, reflecting a net loss), return on capital employed of -2.30%.

Official website: cnresources.com