Karnalyte Resources Inc. (TSE:KRN – Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 13035 shares changing hands. The stock had previously closed at C$0.12.
Karnalyte Resources Trading Down 8.3 %
The company has a debt-to-equity ratio of 0.18, a current ratio of 2.86 and a quick ratio of 6.40. The stock’s 50-day moving average is C$0.13 and its two-hundred day moving average is C$0.13. The company has a market cap of C$5.86 million, a P/E ratio of -3.67 and a beta of 1.58.
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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