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

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.46 and traded as high as C$0.47. Ikkuma Resources Corp. (IKM.V) shares last traded at C$0.46, with a volume of 18,600 shares changing hands.

Ikkuma Resources Corp. (IKM.V) Stock Down 8.0 %

The firm has a market capitalization of C$50.29 million and a P/E ratio of -0.91. The firm’s 50 day moving average is C$0.46 and its two-hundred day moving average is C$0.46. The company has a debt-to-equity ratio of 56.51, a current ratio of 0.46 and a quick ratio of 0.38.

Ikkuma Resources Corp. (IKM.V) Company Profile

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.