Hempalta Corp. (CVE:HEMP – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 132000 shares traded. The stock had previously closed at C$0.02.
Hempalta Stock Down 33.3%
The company has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.03. The company has a market cap of C$999,440.00, a P/E ratio of -0.10 and a beta of 2.19. The company has a current ratio of 3.99, a quick ratio of 0.88 and a debt-to-equity ratio of 28.72.
About Hempalta
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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