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Close of 9 Nov 2026, in CAD
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About Canadian North Resources
Its shares trade on TSX Venture under the ticker CNRI.V. It has been listed since 7 April 2022.
Canadian North Resources, Inc. engages in exploration and development of palladium, platinum, rhodium and copper, nickel and cobalt minerals. The company is headquartered in Mississauga, Ontario. The company went IPO on 2022-04-07. The firm is focused on the critical metals for the clean energy, electric vehicles, battery and high-tech industries. The firm is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project that covers an area of approximately 253.8 square kilometers (km2), which consists of 10 mining leases (96.9 km2) and surrounding 11 exploration claims (156.9 km2) in the Kivalliq Region of Nunavut, Canada. The property is situated in the Western Churchill Province and northwestern Hearne domain area with mainly Archean metavolcanic and metasedimentary rocks and extensive gneissic terrain. The Ferguson Lake Project holds over 71 million tons, containing substantial resources of copper (1,402 million pounds (Mlb)), nickel (872 Mlb), cobalt (99.9 Mlb), palladium (3.20 million ounces (Moz)), and platinum (0.56 Moz).
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 7 Apr 2022
- Website
- cnresources.com ↗
Leadership
Pay as last reported
- Mr. Lee ShimChairman of the Board, since 2020C$72,000
- Dr. Kaihui YangPresident, Chief Executive Officer and Director, since 2020C$320,000
- Mr. Carmelo MarrelliChief Financial Officer, DirectorC$57,435
- Mr. Henderson TseIndependent Director
- Ms. Aier WangIndependent Director
- Mr. Michael WeeksIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Canadian North Resources focuses on critical metals for clean energy and electric vehicles with a 253.8 km2 project in Nunavut.
- The Ferguson Lake Project holds over 71 million tons of copper, nickel, cobalt, palladium, and platinum resources.
- The company has 10 mining leases covering 96.9 km2 and 11 exploration claims in the Kivalliq Region.
Weaknesses
- The company is a newly listed IPO firm since April 2022 with limited operational history.
- The project is located in Nunavut, Canada, which presents remote logistical challenges.
- The company's focus on palladium, platinum, rhodium, and copper minerals may face market volatility.
Opportunities
- Growing demand for critical metals in clean energy and electric vehicle sectors presents significant opportunities.
- The Ferguson Lake Project's substantial resources could attract strategic partnerships and investments.
- Nunavut's mineral potential offers exploration opportunities for additional deposits.
Threats
- Market fluctuations in palladium, platinum, and rhodium prices could impact profitability.
- Remote location in Nunavut increases operational and transportation costs significantly.
- Environmental regulations in Nunavut may impose additional compliance costs and delays.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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