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

Shares of Ikkuma Resources Corp. (IKM.V) (CVE:IKM) passed above its 50-day moving average during trading on Wednesday . 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 changing hands.

Ikkuma Resources Corp. (IKM.V) Stock 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 business has a 50-day moving average price of C$0.46 and a 200-day moving average price of C$0.46. The firm has a market capitalization of C$50.29 million and a PE 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.