Hempalta Corp. (CVE:HEMP – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 35701 shares trading hands. The stock had previously closed at C$0.02.
Hempalta Trading Up 33.3%
The company’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.02. The company has a quick ratio of 0.88, a current ratio of 3.99 and a debt-to-equity ratio of 28.72. The company has a market capitalization of C$2.24 million, a price-to-earnings ratio of -0.40 and a beta of 2.19.
Hempalta Company Profile
Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market. The company was formerly known as Trail Blazing Ventures Ltd and changed its name to Hempalta Corp. in March 2024. Hempalta Corp. is based in Calgary, Canada.
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