Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) crossed below its 200-day moving average during trading on Friday . 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 traded.

Ikkuma Resources Corp. (IKM.V) Trading Down 8.0 %

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