Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.46 and traded as high as C$0.47. 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) Trading Down 8.0 %

The stock has a market cap of C$50.29 million and a price-to-earnings ratio of -0.91. The business’s 50 day simple moving average is C$0.46 and its 200 day simple moving average is C$0.46. The company has a quick ratio of 0.38, a current ratio of 0.46 and a debt-to-equity ratio of 56.51.

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.