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

International Frontier Resources Co. (CVE:IFRGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 55000 shares changing hands. The stock had previously closed at C$0.04.

International Frontier Resources Trading Down 12.5 %

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

International Frontier Resources Company Profile

(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.

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