Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Ikkuma Resources Corp. (IKM.V) Stock Performance

The company’s fifty day simple moving average is C$0.46 and its two-hundred day simple moving average is 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. The stock 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.