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

Ikkuma Resources Corp. (IKM.V) (CVE:IKM)’s stock price passed below its two hundred day moving average during trading on Friday . 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 trading hands.

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

The business has a 50 day moving average of C$0.46 and a 200-day 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 firm has a market capitalization of C$50.29 million and a P/E ratio of -0.91.

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.