Karnalyte Resources Inc.KRN.TO

$0.29+0.01 (+1.75%)
TSXBasic Materials24:00 UTC

Company snapshot

Market Cap
$15M
Micro-cap
-70%
2016 — today
10-Year Price
-82%
2016 — today
52-Week Range
$0.09$0.50
Current $0.29· 49%

Karnalyte Resources Inc. is dedicated to the exploration and development of vital mineral resources, including potash (for both agricultural and industrial applications), nitrogen, and magnesium, within Canada. The company holds 100% ownership of 367 square kilometers of subsurface mineral rights, encompassing Leases KLSA 010, KL 247A, and KL 246. Furthermore, Karnalyte is actively involved in the Wynyard potash project, located in Wynyard, Saskatchewan, and the Proteos nitrogen project in Central Saskatchewan. The company was founded in 2007 and operates from its headquarters in Saskatoon, Canada.

Valuation in context

P/E ratio
-15.4
N/A
Not meaningful — company is unprofitable
P/B ratio
5.0
Near historic high
Near historic highs — last 10 years
FCF Yield
-6.7%
Near historic high
Near historic highs — last 10 years
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