Karnalyte Resources Inc. (TSE:KRN – Get Free Report) fell 1.9% during mid-day trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.27. 120,581 shares were traded during mid-day trading, an increase of 322% from the average session volume of 28,584 shares. The stock had previously closed at C$0.27.
Karnalyte Resources Stock Down 18.5%
The firm has a market cap of C$11.72 million, a PE ratio of -11.00 and a beta of -0.29. The company has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of C$0.13. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.86 and a quick ratio of 6.40.
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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