Hempalta (CVE:HEMP) Hits New 1-Year Low – Here’s What Happened

Hempalta Corp. (CVE:HEMPGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 11000 shares changing hands. The stock had previously closed at C$0.02.

Hempalta Price Performance

The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99. The business has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03. The firm has a market cap of C$999,440.00, a P/E ratio of -0.10 and a beta of 2.19.

About Hempalta

(Get Free Report)

Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market. The company was formerly known as Trail Blazing Ventures Ltd and changed its name to Hempalta Corp. in March 2024. Hempalta Corp. is based in Calgary, Canada.

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