Karnalyte Resources Inc. (TSE:KRN – Get Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 26863 shares trading hands. The stock had previously closed at C$0.14.
Karnalyte Resources Stock Performance
The company has a market cap of C$6.13 million, a P/E ratio of -4.67 and a beta of 1.56. The stock has a 50 day moving average price of C$0.14 and a two-hundred day moving average price of C$0.17. The company has a quick ratio of 6.40, a current ratio of 4.75 and a debt-to-equity ratio of 0.18.
Karnalyte Resources (TSE:KRN – Get Free Report) last posted its quarterly earnings data on Friday, May 10th. The company reported C($0.01) earnings per share 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.
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