TSE:KRN

Karnalyte Resources Stock Forecast, Price & News

C$0.18

0.00 (0.00 %)

(As of 07/23/2021 12:00 AM ET)

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Today's Range

C$0.18

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C$0.18

50-Day Range

C$0.17

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C$0.23

52-Week Range

C$0.16

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C$0.31

VolumeN/A

Average Volume17,402 shs

Market CapitalizationC$7.59 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Karnalyte Resources

Karnalyte Resources Inc. explores for and develops agricultural and industrial potash, nitrogen, and magnesium products in Canada. The company owns 100% interests in Subsurface Mineral Leases KLSA 010, KL 247A, and KL 246 totaling 367 km2 of mineral rights. It also holds interests in the Wynyard potash project located in Wynyard, Saskatchewan; and Proteos nitrogen project located in Central Saskatchewan. Karnalyte Resources Inc. was founded in 2007 and is headquartered in Saskatoon, Canada.

Karnalyte Resources (TSE:KRN) Share Price Crosses Above 200-Day Moving Average of $0.00
July 17, 2021 | americanbankingnews.com

Karnalyte Resources (TSE:KRN) Shares Pass Above 200 Day Moving Average of $0.00
July 9, 2021 | americanbankingnews.com

FBI Director Wray urges companies stop paying ransoms to hackers
June 25, 2021 | sg.finance.yahoo.com

Karnalyte Resources Provides Update on its Strategic Review and Other Corporate Matters
June 23, 2021 | finance.yahoo.com

Karnalyte Resources Inc. Announces 2021 First Quarter Results
May 14, 2021 | finance.yahoo.com

Karnalyte Resources Inc. Announces 2020 Year End Results and Provides Corporate Update
March 20, 2021 | finance.yahoo.com

Economical Insurance calls third and final meeting on demutualization
March 15, 2021 | finance.yahoo.com

Karnalyte Resources Inc. Announces Receipt of Statement of Claim
February 18, 2021 | finance.yahoo.com

Karnalyte Resources Inc. Announces Receipt of Originating Application
February 1, 2021 | finance.yahoo.com

Karnalyte Resources Inc Stock , KRLTF
December 25, 2020 | markets.businessinsider.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Business Services
Sub-IndustryN/A
SectorServices
Current SymbolTSE:KRN
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.karnalyte.com
Phone+1-306-9861486
Employees3
Year FoundedN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowC$0.08 per share
Price / Cash Flow2.28
Book ValueC$0.18 per share
Price / Book1.03

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares42,174,000
Market CapC$7.59 million
Next Earnings Date8/5/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.18 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Karnalyte Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$2.41, Karnalyte Resources has a forecasted upside of 1,238.9% from its current price of C$0.18.
Amount of Analyst Coverage
Karnalyte Resources has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
Karnalyte Resources has received 150 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Karnalyte Resources has received 162 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Karnalyte Resources has received 51.92% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Karnalyte Resources and other stocks. Vote “Outperform” if you believe KRN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KRN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Karnalyte Resources does not currently pay a dividend.
Dividend Growth
Karnalyte Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Karnalyte Resources insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Karnalyte Resources is -2.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Karnalyte Resources is -2.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Karnalyte Resources has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Karnalyte Resources (TSE:KRN) Frequently Asked Questions

Is Karnalyte Resources a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Karnalyte Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Karnalyte Resources stock.
View analyst ratings for Karnalyte Resources or view top-rated stocks.

What stocks does MarketBeat like better than Karnalyte Resources?

Wall Street analysts have given Karnalyte Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Karnalyte Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Karnalyte Resources' next earnings date?

Karnalyte Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Karnalyte Resources.

How were Karnalyte Resources' earnings last quarter?

Karnalyte Resources Inc. (TSE:KRN) issued its quarterly earnings results on Friday, May, 14th. The company reported ($0.01) EPS for the quarter.
View Karnalyte Resources' earnings history.

How has Karnalyte Resources' stock price been impacted by COVID-19 (Coronavirus)?

Karnalyte Resources' stock was trading at C$0.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KRN stock has increased by 20.0% and is now trading at C$0.18.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for KRN?

1 analysts have issued 12-month price objectives for Karnalyte Resources' shares. Their forecasts range from C$2.41 to C$2.41. On average, they anticipate Karnalyte Resources' share price to reach C$2.41 in the next year. This suggests a possible upside of 1,238.9% from the stock's current price.
View analysts' price targets for Karnalyte Resources or view top-rated stocks among Wall Street analysts.

Who are Karnalyte Resources' key executives?

Karnalyte Resources' management team includes the following people:

Ms. Danielle Favreau CPA, CA, Interim Chief Exec. Officer
Ms. Christie Gradin C.A., CPA, Interim Chief Financial Officer
Mr. V. E. Dale Burstall, Sec. (Age 60)
Sabina Shah, Assistant Sec.

Who are some of Karnalyte Resources' key competitors?

Some companies that are related to Karnalyte Resources include Vianet Group (VNET), Intermap Technologies (IMP), Driver Group (DRV), Bilby (BILB), SysGroup (SYS), First Global Data (FGD), Intouch Insight (INX), REACT Group (REAT), Universe Group (UNG), YANGAROO (YOO), Interserve (IRV), SEC Newgate S.p.A. (SECG.L) (SECG), Grafenia (GRA), Ceps (CEPS) and Management Resource Solutions (MRS).
View all of KRN's competitors.

What other stocks do shareholders of Karnalyte Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Karnalyte Resources investors own include Kinder Morgan (KMI), Starbucks (SBUX), Activision Blizzard (ATVI), Skyworks Solutions (SWKS), Alphabet (GOOG), Government Properties Income Trust (GOV), Broadcom (AVGO), Avalon Advanced Materials (AVL), BlackRock (BLK) and The Walt Disney (DIS).

What is Karnalyte Resources' stock symbol?

Karnalyte Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KRN."

How do I buy shares of Karnalyte Resources?

Shares of KRN and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Karnalyte Resources' stock price today?

One share of KRN stock can currently be purchased for approximately C$0.18.

How much money does Karnalyte Resources make?

Karnalyte Resources has a market capitalization of C$7.59 million.

How many employees does Karnalyte Resources have?

Karnalyte Resources employs 3 workers across the globe.

What is Karnalyte Resources' official website?

The official website for Karnalyte Resources is www.karnalyte.com.

Where are Karnalyte Resources' headquarters?

Karnalyte Resources is headquartered at 3150B Faithfull Ave, SASKATOON, SK S7K 8H3, Canada.

How can I contact Karnalyte Resources?

Karnalyte Resources' mailing address is 3150B Faithfull Ave, SASKATOON, SK S7K 8H3, Canada. The company can be reached via phone at +1-306-9861486.

This page was last updated on 7/27/2021 by MarketBeat.com Staff

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