Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Ikkuma Resources Corp. (IKM.V) (CVE:IKM) crossed above its 50 day moving average during trading on Wednesday . 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) Stock Performance

The company has a market capitalization of C$50.29 million and a price-to-earnings ratio of -0.91. The company has a 50 day moving average price of C$0.46 and a 200 day moving average price of C$0.46. The company has a debt-to-equity ratio of 56.51, a quick ratio of 0.38 and a current ratio of 0.46.

About Ikkuma Resources Corp. (IKM.V)

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.