Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Ikkuma Resources Corp. (IKM.V) (CVE:IKM)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.46 and traded as low as C$0.46. Ikkuma Resources Corp. (IKM.V) shares last traded at C$0.46, with a volume of 18,600 shares trading hands.

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

The firm’s 50-day moving average price is C$0.46 and its two-hundred day moving average price is 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. The firm has a market cap of C$50.29 million and a PE ratio of -0.91.

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.