Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Down 8% – What’s Next?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM – Get Free Report)’s share price fell 8% during mid-day trading on Tuesday. The company traded as low as C$0.46 and last traded at C$0.46. Approximately 18,600 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 213,507 shares. The stock had previously closed at C$0.50.

Ikkuma Resources Corp. (IKM.V) Price Performance

The company’s fifty day moving average price is C$0.46 and its 200 day moving average price is C$0.46. 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 firm has a market capitalization of C$50.29 million and a price-to-earnings ratio of -0.91.

About Ikkuma Resources Corp. (IKM.V)

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Ikkuma Resources Corp. (IKM.V) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ikkuma Resources Corp. (IKM.V) and related companies with MarketBeat.com's FREE daily email newsletter.