International Frontier Resources (CVE:IFR) Sets New 1-Year Low – Here’s What Happened

International Frontier Resources Co. (CVE:IFR) shares hit a new 52-week low on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 17000 shares changing hands. The stock had previously closed at C$0.04.

International Frontier Resources Price Performance

The stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$1.14 million, a PE ratio of -0.75 and a beta of -1.30. The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 8.43.

International Frontier Resources Company Profile

International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas in Mexico, Canada, and the United States. The company has oil and natural gas interests in the Central Mackenzie Valley, Northwest Territories, Canada; and owns mineral titles covering an area of approximate 15,200 acres located in Northwest Montana. It has a license contract for the extraction of hydrocarbons in the Tecolutla Block located in Veracruz, Mexico; and holds an interest in significant discovery licenses situated in Northwest Territories.