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Karnalyte Resources Inc

Karnalyte Resources Inc (KRN)

0.14
0.00
(0.00%)

Karnalyte Resources Inc (KRN) Quote

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Key stats and details

Current Price
0.14
( - )
Bid
0.125
Ask
0.14
Volume
-
0.00 Day's Range 0.00
0.07 52 Week Range 0.275
Market Cap
Previous Close
0.14
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
21,036
Shares Outstanding
53,283,000
Dividend Yield
-
PE Ratio
-4.50
Earnings Per Share (EPS)
-0.03
Revenue
285k
Net Profit
-1.66M

About Karnalyte Resources Inc

Sector
Potash,soda,borate Minerals
Industry
Potash,soda,borate Minerals
Headquarters
Saskatoon, Saskatchewan, Can
Founded
-
Karnalyte Resources Inc is listed in the Potash,soda,borate Minerals sector of the Toronto Stock Exchange with ticker KRN. The last closing price for Karnalyte Resources was $0.14. Over the last year, Karnalyte Resources shares have traded in a share price range of $ 0.07 to $ 0.275.

Karnalyte Resources currently has 53,283,000 shares outstanding. The market capitalization of Karnalyte Resources is $7.46 million. Karnalyte Resources has a price to earnings ratio (PE ratio) of -4.50.

KRN Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0053.70370370370.1350.1650.12431260.1373157CS
4-0.03-17.64705882350.170.170.12306550.13698867CS
12-0.03-17.64705882350.170.2750.12210360.15636814CS
260.03533.33333333330.1050.2750.08194160.14536064CS
520.017.692307692310.130.2750.07134310.13731643CS
156-0.2-58.82352941180.340.570.07115200.21485545CS
260-0.135-49.09090909090.2751.350.07222880.44869595CS

KRN - Frequently Asked Questions (FAQ)

What is the current Karnalyte Resources share price?
The current share price of Karnalyte Resources is $ 0.14
How many Karnalyte Resources shares are in issue?
Karnalyte Resources has 53,283,000 shares in issue
What is the market cap of Karnalyte Resources?
The market capitalisation of Karnalyte Resources is CAD 7.46M
What is the 1 year trading range for Karnalyte Resources share price?
Karnalyte Resources has traded in the range of $ 0.07 to $ 0.275 during the past year
What is the PE ratio of Karnalyte Resources?
The price to earnings ratio of Karnalyte Resources is -4.5
What is the cash to sales ratio of Karnalyte Resources?
The cash to sales ratio of Karnalyte Resources is 26.42
What is the reporting currency for Karnalyte Resources?
Karnalyte Resources reports financial results in CAD
What is the latest annual turnover for Karnalyte Resources?
The latest annual turnover of Karnalyte Resources is CAD 285k
What is the latest annual profit for Karnalyte Resources?
The latest annual profit of Karnalyte Resources is CAD -1.66M
What is the registered address of Karnalyte Resources?
The registered address for Karnalyte Resources is 3150B FAITHFULL AVENUE, SASKATOON, SASKATCHEWAN, S7K 1P4
What is the Karnalyte Resources website address?
The website address for Karnalyte Resources is www.karnalyte.com
Which industry sector does Karnalyte Resources operate in?
Karnalyte Resources operates in the POTASH,SODA,BORATE MINERALS sector

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KRN Discussion

View Posts
nowwhat2 nowwhat2 3 years ago
@Newton Very smart commentary here, imo.


1) Wynyard is already permitted and “construction ready”

2) Environmentally advantaged project, already EIS approved (no surface tailings ponds or piles)

3) Located in Saskatchewan, a true pro-resource province

4) Publicly traded fertilizer stocks are in short supply, demand is rising

5) Tight share structure w/ 42 mil out (never rolled back), key stakeholder (38% equity) and financier (non-binding LOI back in 2016 to lend up to $700 million) via state-backed Gujarat Fertilizers & Chemicals

6) Karnalyte continues to be valued at just 1% of NPV as per a Bankable Feasibility Study (using Can $466 per ton Potash) estimated $3.4 Billion for all three phases of project development

7) KRN shares are levered to Potash via 150 million tonnes of Proven and Probable reserves -- Please check my math but that would be like paying less than $1 per ounce of Gold in-ground (proven and probable)

8) ^^^calculation does not include any worth for Magnesium, a by-product of Potash production, or Nitrogen (a separate project and possible spin-off)

9) Majors like BHP and Nutrien operate in Saskatchewan and they’ve demonstrated long-term confidence by upping their investments in Sask. The Jansen Project may cost BHP up to $5.7 billion.

10) Fertilizers are an essential commodity and fertilizers are fast becoming a national security issue. India is taking immediate action by increasing subsidies to farmers, angling to secure long-term supplies, and allocating capital toward building new fertilizer plants. Gujarat, a state-backed corporation is Karnalyte's largest shareholder and off-taker.
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nowwhat2 nowwhat2 3 years ago
You want potash and need food - We have got such stuff.



2 wks earlier




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nowwhat2 nowwhat2 3 years ago





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nowwhat2 nowwhat2 3 years ago
A rapidly advancing fertilizer project in the heart of.......Saskatchewan ?

http://karnalyte.com/picture-gallery/



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nowwhat2 nowwhat2 3 years ago
http://karnalyte.com/









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