Karnalyte Resources Inc. (TSE:KRN – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.19, with a volume of 102982 shares changing hands. The stock had previously closed at C$0.17.
Karnalyte Resources Stock Performance
The stock has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 6.40 and a current ratio of 2.86. The firm has a market capitalization of C$9.86 million, a P/E ratio of -6.17 and a beta of 1.58.
About Karnalyte Resources
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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