Karnalyte Resources (TSE:KRN – Get Free Report) announced its earnings results on Friday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports.
Karnalyte Resources Stock Down 7.1%
Karnalyte Resources stock opened at C$0.26 on Friday. The stock has a market capitalization of C$13.85 million, a price-to-earnings ratio of -13.00 and a beta of -1.35. Karnalyte Resources has a twelve month low of C$0.11 and a twelve month high of C$0.52. 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 has a 50 day moving average of C$0.27 and a two-hundred day moving average of C$0.29.
Karnalyte Resources Company Profile
Karnalyte Resources Inc is a development stage potash company. Karnalyte owns the Wynyard Project, with planned Phase 1 production of 675,000 t/a of high grade granular potash, and two subsequent phases of 750,000 t/a each, taking total production up to 2.175 million t/a. All environmental permits remain valid, preliminary detailed engineering is complete, and the existing Offtake Agreement with GSFC remains in effect. Karnalyte is also considering opportunities relating to secondary magnesium compounds.
Read More
- Five stocks we like better than Karnalyte Resources
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
Receive News & Ratings for Karnalyte Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karnalyte Resources and related companies with MarketBeat.com's FREE daily email newsletter.
