International Frontier Resources (CVE:IFR) Sets New 12-Month Low – Should You Sell?

International Frontier Resources Co. (CVE:IFRGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 2000 shares traded. The stock had previously closed at C$0.04.

International Frontier Resources Stock Performance

The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 8.43. The business’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market cap of C$1.52 million, a P/E ratio of -2.00 and a beta of 1.14.

About International Frontier Resources

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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.

Further Reading

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