Karnalyte Resources Inc. explores and develops potash and magnesium products in Canada. It owns 100% interest in Wynyard Potash project comprising KLSA 010, KL 247A, and KL 246 mineral leases covering an area of 367 square kilometers of mineral rights located in central Saskatchewan. The company was incorporated in 2007 and is headquartered in Saskatoon, Canada.
Research context
Karnalyte Resources Inc appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Agricultural Inputs
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5 years, 6 months ago
Karnalyte Resources Inc is currently in a long term downtrend where the price is trading 8.9% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Karnalyte Resources Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 314.8% to $-1M since the same quarter in the previous year.
Finally, its free cash flow fell by 143.9% to $-2M since the same quarter in the previous year.
Based on the above factors, Karnalyte Resources Inc gets an overall score of 1/5.