Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Shares Down 8% – Time to Sell?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM)’s stock price fell 8% during mid-day trading on Thursday . The company traded as low as C$0.46 and last traded at C$0.46. 18,600 shares were traded during trading, a decline of 91% from the average session volume of 213,507 shares. The stock had previously closed at C$0.50.

Ikkuma Resources Corp. (IKM.V) Stock Performance

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

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.