Karnalyte Resources Inc. (TSE:KRN – Get Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 500 shares. The stock had previously closed at C$0.13.
Karnalyte Resources Stock Down 3.8 %
The firm has a market capitalization of C$6.66 million, a price-to-earnings ratio of -4.33 and a beta of 1.56. The company has a debt-to-equity ratio of 0.18, a quick ratio of 6.40 and a current ratio of 4.75. The business’s 50 day moving average is C$0.15 and its 200-day moving average is C$0.17.
Karnalyte Resources (TSE:KRN – Get Free Report) last issued its quarterly earnings results on Friday, May 10th. The company reported C($0.01) earnings per share (EPS) for the quarter.
About Karnalyte Resources
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.
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