Karnalyte Resources Inc (KRN) Trading Down 4.4%

Karnalyte Resources Inc (TSE:KRN)’s share price fell 4.4% during mid-day trading on Tuesday . The company traded as low as C$0.64 and last traded at C$0.65. 6,021 shares were traded during trading, a decline of 47% from the average session volume of 11,391 shares. The stock had previously closed at C$0.68.

The stock has a 50-day moving average price of $0.66 and a 200 day moving average price of $0.66. The company’s market cap is $17.71 million.

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Karnalyte Resources Company Profile

Karnalyte Resources Inc is a Canada-based company engaged in the business of exploration and development of agricultural and industrial potash. The Company focuses on developing and extracting carnallite-sylvite mineral deposits through a solution mining process. The Company operates through potash and magnesium segment.

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