International Frontier Resources (CVE:IFR) Hits New 12-Month Low – Here’s What Happened

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

International Frontier Resources Price Performance

The stock’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.05. The company has a quick ratio of 0.22, a current ratio of 0.36 and a debt-to-equity ratio of 8.43. The firm has a market capitalization of C$1.33 million, a price-to-earnings ratio of -1.75 and a beta of 1.14.

International Frontier Resources (CVE:IFRGet Free Report) last released its quarterly earnings data on Tuesday, August 27th. The company reported C($0.03) earnings per share for the quarter.

About International Frontier Resources

(Get Free Report)

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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