Karnalyte Resources Inc (TSE:KRN) shares rose 4.3% during trading on Monday . The company traded as high as C$0.73 and last traded at C$0.73. Approximately 2,000 shares changed hands during trading, a decline of 79% from the average daily volume of 9,305 shares. The stock had previously closed at C$0.70.
The company’s 50-day moving average price is $0.61 and its 200-day moving average price is $0.66. The company’s market cap is $18.84 million.
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About Karnalyte Resources
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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