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flag 49 North Resources shares surged 50% on Jan. 17, 2026, on heavy volume with no announced reason.

flag 49 North Resources (CVE:FNR) shares jumped 50% on January 17, 2026, closing at C$0.03 amid a surge in trading volume to 152,017 shares—up 170% above average. flag The Saskatoon-based venture capital firm, focused on early-stage resource investments in Saskatchewan, has a market cap of C$4.16 million and a debt-to-equity ratio of 70.34. flag Despite a negative P/E ratio of -1.25 and a beta of -0.37, the stock’s rally occurred without a disclosed corporate catalyst.

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