International Frontier Resources (CVE:IFR) Reaches New 1-Year Low – Here’s What Happened

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

International Frontier Resources Price Performance

The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 8.43. The stock 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 earnings results on Tuesday, August 27th. The company reported C($0.03) earnings per share (EPS) for the quarter.

About International Frontier Resources

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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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