Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Shares Pass Above 50-Day Moving Average – What’s Next?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-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 traded.

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

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 company’s fifty day moving average price is C$0.46 and its 200-day moving average price is C$0.46. The stock has a market cap of C$50.29 million and a P/E ratio of -0.91.

Ikkuma Resources Corp. (IKM.V) Company Profile

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.