Shares of Karnalyte Resources Inc. (TSE:KRN – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.13 and traded as high as C$0.15. Karnalyte Resources shares last traded at C$0.15, with a volume of 15,406 shares trading hands.
Karnalyte Resources Stock Performance
The company has a market cap of C$7.73 million, a price-to-earnings ratio of -4.83 and a beta of 1.58. The company has a current ratio of 2.86, a quick ratio of 6.40 and a debt-to-equity ratio of 0.18. The stock’s fifty day simple moving average is C$0.17 and its 200 day simple moving average is C$0.13.
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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