Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM)’s share price 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.

Ikkuma Resources Corp. (IKM.V) Stock Performance

The stock’s 50-day simple moving average is C$0.46 and its 200-day simple moving average is C$0.46. The stock has a market cap 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. in September 2014. Ikkuma Resources Corp. was founded in 1979 and is headquartered in Calgary, Canada.