Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Posted by Teresa Graham on Feb 4th, 2025

Shares of Ikkuma Resources Corp. (IKM.V) (CVE:IKM – Get Free Report) crossed below its 200-day moving average during trading on Monday . 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) Trading Down 8.0 %

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

About Ikkuma Resources Corp. (IKM.V)

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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.