How does KRLT.F's PB Ratio compare to its peers?

KRLT.F is good value based on its Price-To-Book Ratio (1.1x) compared to the peer average (1.8x).

How does KRLT.F's PB Ratio compare vs other companies in the US Chemicals Industry?

KRLT.F is good value based on its Price-To-Book Ratio (1.1x) compared to the US Chemicals industry average (1.5x).

What is KRLT.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate KRLT.F's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of KRLT.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate KRLT.F's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

KRLT.F Stock Overview

Explores for and develops potash and magnesium products in Canada. More details

KRLT.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap ($6M)

Has less than 1 year of cash runway

My Notes

Capture your thoughts, links and company narrative

Karnalyte Resources Inc. Competitors

N2OFF

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US$21.0m

Enlightify

NYSE:ENFY

US$15.2m

Muliang Viagoo Technology

OTCPK:MULG

US$49.1m

American Vanguard

NYSE:AVD

US$136.7m

Price History & Performance

Summary of share price highs, lows and changes for Karnalyte Resources
Historical stock prices
Current Share Price	CA$0.085
52 Week High	CA$0.21
52 Week Low	CA$0.064
Beta	1.46
1 Month Change	4.10%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-71.67%
5 Year Change	-43.22%
Change since IPO	-99.46%

Recent updates

Shareholder Returns

	KRLT.F	US Chemicals	US Market
7D	33.4%	0.6%	-0.5%
1Y	n/a	-1.7%	23.2%

Return vs Industry: Insufficient data to determine how KRLT.F performed against the US Chemicals industry.

Return vs Market: Insufficient data to determine how KRLT.F performed against the US Market.

Price Volatility

Is KRLT.F's price volatile compared to industry and market?
KRLT.F volatility
KRLT.F Average Weekly Movement	n/a
Chemicals Industry Average Movement	5.3%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.6%
10% least volatile stocks in US Market	3.2%

Stable Share Price: KRLT.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine KRLT.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	1	Danielle Favreau	karnalyte.com

Karnalyte Resources Inc. explores for and develops potash and magnesium products in Canada. The company owns 100% interests in Wynyard Potash Project comprising subsurface mineral leases KLSA 010, KL 247A, and KL 246 covering an area of 367 km2 of mineral rights located in Wynyard, Saskatchewan. Karnalyte Resources Inc. was incorporated in 2007 and is headquartered in Saskatoon, Canada.

Karnalyte Resources Inc. Fundamentals Summary

How do Karnalyte Resources's earnings and revenue compare to its market cap?
KRLT.F fundamental statistics
Market cap	US$3.89m
Earnings (TTM)	-US$1.17m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.3x

P/E Ratio

Is KRLT.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRLT.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.68m
Earnings	-CA$1.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.032
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did KRLT.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 17:10
End of Day Share Price	2025/01/08 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Karnalyte Resources Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joel Jackson	BMO Capital Markets Equity Research
Keith Carpenter	Canaccord Genuity
Richard Kelertas	Eight Capital