Shares of Karnalyte Resources Inc. (TSE:KRN – Get Free Report) traded up 22.7% during mid-day trading on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14. 89,292 shares traded hands during mid-day trading, an increase of 260% from the average session volume of 24,776 shares. The stock had previously closed at C$0.11.
Karnalyte Resources Price Performance
The company has a current ratio of 2.86, a quick ratio of 6.40 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.13. The firm has a market cap of C$7.46 million, a PE ratio of -14.00 and a beta of -0.65.
Karnalyte Resources Company Profile
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.
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