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KRN Stock Chart & Stats
C$0.29
C$0.00(0.00%)
At close: 4:00 PM EDT
C$0.29
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.09 - C$0.52
Previous CloseN/A
Volume8.50K
Average Volume (3M)9.88K
Market Cap
C$16.52M
Enterprise ValueC$16.03
Total Cash (Recent Filing)C$769.00K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.18
Next Earnings
Nov 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding53,283,980
10 Day Avg. Volume3,152
30 Day Avg. Volume9,880
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)3.82
Price to Sales (P/S)0.00
P/FCF Ratio-7.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-Free Balance SheetThe absence of debt limits interest expense and refinancing exposure, giving Karnalyte greater financial flexibility while it develops its assets. Low leverage also reduces solvency risk and preserves the ability to direct future funding toward project advancement rather than debt service.
Narrowing Losses And Cash BurnAlthough the company remains unprofitable and cash consuming, the improvement in TTM net loss and free cash flow indicates some moderation in financial pressure. If sustained, this could extend the company’s funding runway and support more disciplined development spending.
Defined Potash And Salt PortfolioKarnalyte has a defined resource development platform centered on potash, with potential salt production providing an additional product avenue. This focused asset base gives the company a clear long-term operating objective tied to agricultural inputs and mineral development.
Bears Say
No Revenue Or Producing BaseZero revenue means the company has not yet established a producing commercial base, leaving results dependent on future project development rather than operating income. Persistent negative gross profit reinforces that current activities do not cover costs and delays any internally funded growth.
Persistent Cash ConsumptionOngoing operating and free cash outflows require continued access to funding while the project remains in development. This can constrain investment capacity, increase reliance on external capital, and make progress more sensitive to the company’s ability to manage its remaining resources.
Eroding Equity And Negative ReturnsDeclining equity and assets indicate that accumulated losses and cash burn are reducing the company’s capital base over time. Negative returns on equity show that invested capital is not currently generating profits, weakening financial resilience as development spending continues.
Karnalyte Resources News
KRN FAQ
What was Karnalyte Res J’s price range in the past 12 months?
Karnalyte Res J lowest stock price was C$0.09 and its highest was C$0.52 in the past 12 months.
What is Karnalyte Res J’s market cap?
Karnalyte Res J’s market cap is C$16.52M.
When is Karnalyte Res J’s upcoming earnings report date?
Karnalyte Res J’s upcoming earnings report date is Nov 05, 2026 which is in 47 days.
How were Karnalyte Res J’s earnings last quarter?
Karnalyte Res J released its earnings results on Aug 14, 2026. The company reported C$0.012 earnings per share for the quarter.
Is Karnalyte Res J overvalued?
According to Wall Street analysts Karnalyte Res J’s price is currently Overvalued.
Does Karnalyte Res J pay dividends?
Karnalyte Res J does not currently pay dividends.
What is Karnalyte Res J’s EPS estimate?
Karnalyte Res J’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Karnalyte Res J have?
Karnalyte Res J has 53,283,980 shares outstanding.
What happened to Karnalyte Res J’s price movement after its last earnings report?
Karnalyte Res J reported an EPS of C$0.012 in its last earnings report. Following the earnings report the stock price went up 11.111%.
Which hedge fund is a major shareholder of Karnalyte Res J?
Currently, no hedge funds are holding shares in TSE:KRN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Karnalyte Res J
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.