Karnalyte Resources Inc. (TSE:KRN – Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.12 and traded as high as C$0.15. Karnalyte Resources shares last traded at C$0.14, with a volume of 4,200 shares traded.
Karnalyte Resources Stock Up 7.1 %
The company has a quick ratio of 6.40, a current ratio of 2.86 and a debt-to-equity ratio of 0.18. The company has a market capitalization of C$7.99 million, a price-to-earnings ratio of -5.00 and a beta of 1.58. The business has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.12.
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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