Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Crosses Below 200 Day Moving Average – What’s Next?

Ikkuma Resources Corp. (IKM.V) (CVE:IKMGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . 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 changing hands.

Ikkuma Resources Corp. (IKM.V) Price Performance

The company has a current ratio of 0.46, a quick ratio of 0.38 and a debt-to-equity ratio of 56.51. The company’s fifty day moving average is C$0.46 and its two-hundred day moving average is C$0.46. The stock has a market cap 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.

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