Karbon-X Corp. (KARX)
Karbon-X Corp. operates in the Consulting Services industry of the Industrials sector, headquartered in Bellaire, TX, US. The stock last traded at $0.15, down 6.25% on the session, giving a market capitalisation of $13.4M. On trailing twelve-month figures it carries a trailing P/E of -1.00, a net margin of -20.2%. Its beta of -1.59 implies it has historically moved less than the broad market.
Karbon-X Corp., headquartered in Calgary, Canada, and founded in 2017, functions as a carbon marketing enterprise. The company's core mission revolves around leveraging technology-driven strategies to mitigate greenhouse gas emissions. It actively contributes to this goal by facilitating the trade of carbon credits. Beyond this, Karbon-X allocates capital to various initiatives designed to reduce atmospheric CO2, including direct air capture systems, sustainable hydroelectric power generation, and large-scale reforestation programs. Its services are extended to a diverse clientele across sectors such as mining, forestry, civil engineering projects, transportation, and the oil and gas industries. The entity, originally incorporated as Cocoluv, Inc., rebranded itself as Karbon-X Corp. in April 2022.
Karbon-X Corp. is most often compared with the following Industrials names: