Karnalyte Resources Inc. (TSE:KRN – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 44030 shares. The stock had previously closed at C$0.14.
Karnalyte Resources Trading Down 11.1 %
The firm has a market capitalization of C$6.39 million, a price-to-earnings ratio of -4.50 and a beta of 1.58. The company has a fifty day moving average price of C$0.13 and a two-hundred day moving average price of C$0.14. The company has a current ratio of 2.86, a quick ratio of 6.40 and a debt-to-equity ratio of 0.18.
Karnalyte Resources (TSE:KRN – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported C($0.01) EPS for the quarter.
Karnalyte Resources Company Profile
Karnalyte Resources Inc explores for and develops potash and magnesium products in Canada. The company owns 100% interests in Subsurface Mineral Leases KLSA 010, KL 247A, and KL 246 totaling 367 km2 of mineral rights. It also holds interests in the Wynyard potash project located in Wynyard, Saskatchewan.
See Also
- Five stocks we like better than Karnalyte Resources
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Business Services Stocks Investing
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Earnings Per Share Calculator: How to Calculate EPS
- Tesla Stock: Buy the Dips, Sell the Rips
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.
