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

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) shares passed below its two hundred day moving average during trading on Thursday . 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 changing hands.

Ikkuma Resources Corp. (IKM.V) Stock Performance

The firm has a fifty day simple moving average of C$0.46 and a 200 day simple moving average of C$0.46. 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 stock has a market cap of C$50.29 million and a price-to-earnings ratio of -0.91.

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.