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FAR NORTHERN RESOURCES LIMITED (FNR)


AI Coverage Rating: Low

ASX AI Signals has generated 0 signals for FNR during the last 90 days, indicating low trading activity

FNR Share Price

Current Price$0.110
52 Week High$0.205
52 Week Low:$0.099
Trading at (% of 52 Week High) 53.66%


Volume 10000
20 Day Avg 40920
Relative Volume 24.4%


Business Overview

Far Northern Resources Limited (ASX: FNR) is an Australian exploration company focused on the discovery and development of mineral resources, primarily in Queensland. The company targets minerals such as copper, gold, and other base metals through its various exploration projects.

ASX Sector Overview

Sector:   Materials

The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.

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