Karnalyte Resources Inc. (TSE:KRN – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.18. Karnalyte Resources shares last traded at C$0.18, with a volume of 24,747 shares traded.
Karnalyte Resources Trading Up 28.6 %
The company’s 50 day moving average price is C$0.14 and its 200 day moving average price is C$0.12. The firm has a market cap of C$9.59 million, a PE ratio of -6.00 and a beta of 1.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.86 and a quick ratio of 6.40.
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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