International Frontier Resources (CVE:IFR) Reaches New 12-Month Low – Here’s Why

International Frontier Resources Co. (CVE:IFRGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 2499 shares changing hands. The stock had previously closed at C$0.04.

International Frontier Resources Price Performance

The company has a market cap of C$1.33 million, a price-to-earnings ratio of -1.75 and a beta of 1.14. The company has a debt-to-equity ratio of 8.43, a quick ratio of 0.22 and a current ratio of 0.36. The company’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.05.

About International Frontier Resources

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International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas in Mexico, Canada, and the United States. The company has oil and natural gas interests in the Central Mackenzie Valley, Northwest Territories, Canada; and owns mineral titles covering an area of approximate 15,200 acres located in Northwest Montana.

Further Reading

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