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

Ikkuma Resources Corp. (IKM.V) (CVE:IKM)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

Ikkuma Resources Corp. (IKM.V) Stock Performance

The company has a fifty day moving average of C$0.46 and a two-hundred day moving average of C$0.46. The stock has a market capitalization of C$50.29 million and a P/E ratio of -0.91. The company has a debt-to-equity ratio of 56.51, a current ratio of 0.46 and a quick ratio of 0.38.

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.