Karnalyte Resources (TSE:KRN) Reaches New 1-Year High – Time to Buy?
by Jessica Moore · The Cerbat GemShares of Karnalyte Resources Inc. (TSE:KRN – Get Free Report) hit a new 52-week high on Friday . The company traded as high as C$0.30 and last traded at C$0.26, with a volume of 106024 shares trading hands. The stock had previously closed at C$0.22.
Karnalyte Resources Price Performance
The company’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.13. The company has a market cap of C$13.85 million, a PE ratio of -13.00 and a beta of -0.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 6.40 and a current ratio of 2.86.
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.
See Also
- Five stocks we like better than Karnalyte Resources
- Dividend Payout Ratio Calculator
- Chewy Stock Just Flashed a Major Buy Signal for 2026
- What is the S&P 500 and How It is Distinct from Other Indexes
- Broadcom Slips Post-Earnings Even as AI Demand Goes Parabolic
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Qualcomm Just Got Called an AI Loser—So Why Is It Rallying?