Shares of Karnalyte Resources Inc. (TSE:KRN – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 500 shares changing hands. The stock had previously closed at C$0.13.
Karnalyte Resources Stock Performance
The stock has a market cap of C$6.93 million, a PE ratio of -4.33 and a beta of 1.56. The company’s 50-day moving average price is C$0.15 and its 200 day moving average price is C$0.17. The company has a debt-to-equity ratio of 0.18, a quick ratio of 6.40 and a current ratio of 4.75.
Karnalyte Resources (TSE:KRN – Get Free Report) last posted its earnings results on Friday, May 10th. The company reported C($0.01) 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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