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

Ikkuma Resources Corp. (IKM.V) (CVE:IKM)’s stock price 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) Price Performance

The company’s 50 day simple moving average is C$0.46 and its 200 day simple moving average is C$0.46. The company has a debt-to-equity ratio of 56.51, a current ratio of 0.46 and a quick ratio of 0.38. The stock has a market cap of C$50.29 million and a P/E 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. in September 2014. Ikkuma Resources Corp. was founded in 1979 and is headquartered in Calgary, Canada.