Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Ikkuma Resources Corp. (IKM.V) (CVE:IKMGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.46 and traded as low as C$0.46. Ikkuma Resources Corp. (IKM.V) shares last traded at C$0.46, with a volume of 18,600 shares trading hands.

Ikkuma Resources Corp. (IKM.V) Stock Performance

The stock’s 50 day moving average price is C$0.46 and its 200 day moving average price is C$0.46. The company has a current ratio of 0.46, a quick ratio of 0.38 and a debt-to-equity ratio of 56.51. The company has a market cap of C$50.29 million and a price-to-earnings ratio of -0.91.

About Ikkuma Resources Corp. (IKM.V)

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Ikkuma Resources Corp., an oil and natural gas company, engages in the exploration and development of oil and gas resources in Western Canada. Its oil and gas properties are located in the foothills of Alberta and British Columbia. The company was formerly known as PanTerra Resource Corp. and changed its name to Ikkuma Resources Corp.

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