Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Ikkuma Resources Corp. (IKM.V) (CVE:IKM) passed above its fifty day moving average during trading on Monday . 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 trading hands.

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

The company 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 cap of C$50.29 million and a price-to-earnings 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.