Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) shares 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 trading hands.

Ikkuma Resources Corp. (IKM.V) Stock Performance

The stock’s 50 day moving average is C$0.46 and its two-hundred day moving average is C$0.46. The stock has a market capitalization of C$50.29 million and a price-to-earnings ratio of -0.91. The company has a current ratio of 0.46, a quick ratio of 0.38 and a debt-to-equity ratio of 56.51.

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.