Explore 3 Stock Ideas & Industry Insights Download Free Report

Karnalyte Resources Inc.

Company price
0.29 CAD 0.03 ( 11.54%)
Last update at 2026-11-03T19:30:00Z
VOLUME
30000
Market Cap
18.12M

Momentum Score

…

Karnalyte Resources Inc. explores and develops potash and magnesium products in Canada. It owns 100% interests in Wynyard Potash project comprising subsurface mineral leases KLSA 010, KL 247A, and KL 246 covering an area of 367 square kilometers of mineral rights located in Wynyard, Saskatchewan. The company was incorporated in 2007 and is headquartered in Saskatoon, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.28
Low
0.30
High
52 Week Price Range
0.09
Low
0.52
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Karnalyte Resources Inc. is a Canadian exploration and development company focused on potash assets in Saskatchewan. Long-term growth drivers include global fertilizer demand, advancing its Saskatchewan projects, and access to regional potash infrastructure, which could support scale-up. Investors may find it attractive as a leveraged play on potash prices and fertilizer market fundamentals.
The most important investment risks are project execution and financing risk, sensitivity to volatile potash prices, and regulatory or permitting obstacles that could delay or prevent commercial production.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.26
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-24.17%
Net Debt
-0.35M
ROCE
-27.63%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.99M -1.66M -1.42M -1.73M -2.19M
Net income -0.99M -1.66M -1.42M -2.70M -2.22M
Selling general administrative 1.42M 1.45M 1.30M 1.38M 1.89M
Selling and marketing expenses - 0.04M 0.03M - -
Gross profit -0.07M -0.06M -0.06M - -
Reconciled depreciation 0.01M 0.01M 0.01M 0.01M 0.05M
Ebit -1.48M -1.66M -1.42M -0.72M -1.66M
Ebitda -1.42M -1.60M -1.37M -0.71M -1.61M
Depreciation and amortization 0.07M 0.06M 0.06M 0.01M 0.05M
Operating income -1.48M -1.54M -1.93M -0.72M -1.66M
Other operating expenses 1.48M 1.55M 1.55M 1.39M 1.94M
Interest expense 0.05M 0.04M 0.04M 0.04M 0.03M
Interest income 0.03M 0.02M 0.14M 0.06M 0.01M
Net interest income -0.03M 0.02M 0.10M 0.02M -0.01M
Income tax expense - - - 0.97M 0.03M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.42M 1.49M 1.55M 1.39M 1.94M
Cost of revenue 0.07M 0.06M 0.06M - -
Total other income expense net 0.49M -0.12M 0.51M -1.01M -0.53M
Net income from continuing ops -0.99M -1.66M -1.46M -1.73M -2.19M
Net income applicable to common shares - -1.72M -1.45M -1.73M -2.19M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 5.92M 6.88M 8.38M 9.88M 8.39M
Intangible assets - - 5.05M - -
Other current assets 0.29M - 0.36M - 0.65M
Total liab 2.29M 2.01M 1.89M 2.01M 2.63M
Total stockholder equity 3.62M 4.87M 6.49M 7.88M 5.76M
Other current liab 0.55M - - - -
Common stock 135.96M - 135.96M 135.96M 132.15M
Capital stock 135.96M 135.96M - 135.96M 132.15M
Retained earnings -142.15M -140.88M -139.22M -137.80M -136.07M
Other liab - - - - 1.75M
Other assets - - - 0.38M 0.38M
Cash 0.35M 0.87M 2.30M 3.68M 1.80M
Cash and equivalents - - - 3.68M 1.80M
Total current liabilities 0.55M 0.72M 0.57M 0.63M 0.88M
Net debt -0.35M - -2.30M -3.68M -1.80M
Short term debt - - - 0.00M 0.00M
Other stockholder equity 9.82M - 9.75M 9.71M 9.69M
Property plant equipment - - - 5.30M 0.26M
Total current assets 0.70M 1.23M 2.72M 4.21M 2.50M
Net tangible assets - - - 2.83M 0.51M
Net receivables 0.06M 0.06M 0.06M 0.16M 0.05M
Accounts payable 0.55M 0.72M 0.57M 0.63M 0.88M
Non currrent assets other 4.63M 0.38M 0.01M 0.38M 0.38M
Non current assets total 5.22M 5.65M 5.66M 5.67M 5.89M
Long term debt total - - - 0.00M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.47M -0.69M -0.75M -0.42M
Change to liabilities - - - -0.26M -0.58M
Total cashflows from investing activities 0.63M -0.47M -0.00M -0.75M -0.42M
Net borrowings - - - - -0.04M
Total cash from financing activities - - -0.01M 3.80M -0.04M
Change to operating activities - - - -0.09M -0.30M
Net income -0.99M -1.66M -0.00M -1.73M -2.19M
Change in cash -0.52M -1.43M -0.00M 1.88M -3.02M
Begin period cash flow 0.87M 2.30M 0.00M 1.80M 4.82M
End period cash flow 0.35M 0.87M 0.00M 3.68M 1.80M
Total cash from operating activities -1.15M -0.95M -0.00M -1.17M -2.56M
Issuance of capital stock - - 0.00M 3.86M -
Depreciation 0.07M 0.01M 0.00M 0.01M 0.05M
Other cashflows from investing activities - 0.26M -0.00M 0.28M 0.10M
Change to account receivables -0.00M -0.01M 0.00M - 0.07M
Sale purchase of stock - - 0.00M 3.88M -
Other cashflows from financing activities - - -0.00M -0.06M -0.42M
Change to netincome - - - 0.63M -0.16M
Capital expenditures 0.78M 0.73M 0.55M 1.03M 0.52M
Change in working capital -0.17M 0.21M 0.00M -0.09M -0.81M
Stock based compensation 0.03M 0.04M 0.00M 0.04M 0.03M
Other non cash items -0.06M 0.45M -0.00M 0.59M 0.36M
Free cash flow -1.93M -1.69M -0.55M -2.20M -3.08M

Peer Comparison*

Sector: Basic Materials Industry: Agricultural Inputs

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
KRN
Karnalyte Resources Inc.
0.03
11.54%
0.29 - - - 5.22 -6.61
NTR
Nutrien Ltd
1.20
1.24%
98.27 15.56 14.18 1.84 1.34 7.39
NPK
Verde Agritech PLC
-
-%
0.67 - 71.94 3.50 2.96 12.49

Profile*

Karnalyte Resources Inc.

Karnalyte Resources Inc. explores and develops potash and magnesium products in Canada. It owns 100% interests in Wynyard Potash project comprising subsurface mineral leases KLSA 010, KL 247A, and KL 246 covering an area of 367 square kilometers of mineral rights located in Wynyard, Saskatchewan. The company was incorporated in 2007 and is headquartered in Saskatoon, Canada.

409 3rd Avenue South, Saskatoon, SK, Canada, S7K 5R5

639 398 6478

1

Name Title Year Born
Ms. Danielle Favreau CPA, CA Interim Chief Exec. Officer NA
Ms. Christie Gradin C.A., CPA Interim Chief Financial Officer NA
Mr. V. E. Dale Burstall LL.B Sec. 1961
Sabina Shah Assistant Sec. NA
Ms. Danielle Favreau CA, CPA Interim Chief Executive Officer NA
Ms. Danielle Favreau CA, CPA Chief Executive Officer NA
Ms. Christie Gradin C.A., CPA Chief Financial Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…