International Frontier Resources (CVE:IFR) Sets New 1-Year Low – What’s Next?

Shares of International Frontier Resources Co. (CVE:IFRGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.04.

International Frontier Resources Stock Down 12.5 %

The stock has a market cap of C$1.33 million, a P/E 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. The company has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05.

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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