Shares of Karnalyte Resources Inc. (TSE:KRN – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.29 and traded as high as C$0.32. Karnalyte Resources shares last traded at C$0.32, with a volume of 6,905 shares.
Karnalyte Resources Price Performance
The stock has a market cap of C$15.99 million, a PE ratio of -15.00 and a beta of -1.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.86 and a quick ratio of 6.40. The firm’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.29.
About Karnalyte Resources
Karnalyte Resources Inc is a development stage company focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. It owns the construction ready Wynyard Potash Project, with planned phase 1 production of high grade granular potash, and two subsequent phases. It is also exploring the development of the Proteos Nitrogen Project, which is a proposed small-scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.
Read More
- Five stocks we like better than Karnalyte Resources
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Karnalyte Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karnalyte Resources and related companies with MarketBeat.com's FREE daily email newsletter.
