Hempalta Corp. (CVE:HEMP – Get Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 7500 shares trading hands. The stock had previously closed at C$0.02.
Hempalta Trading Up 50.0%
The firm has a market cap of C$1.68 million, a price-to-earnings ratio of -0.30 and a beta of 2.19. The company has a debt-to-equity ratio of 28.72, a current ratio of 3.99 and a quick ratio of 0.88. The business has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.02.
Hempalta Company Profile
Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market. The company was formerly known as Trail Blazing Ventures Ltd and changed its name to Hempalta Corp. in March 2024. Hempalta Corp. is based in Calgary, Canada.
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