Shares of Hempalta Corp. (CVE:HEMP – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 35701 shares. The stock had previously closed at C$0.02.
Hempalta Stock Down 25.0%
The firm has a market cap of C$1.68 million, a P/E ratio of -0.30 and a beta of 2.19. The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99. The firm’s fifty day moving average is C$0.01 and its 200 day moving average is C$0.02.
About Hempalta
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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