Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Ikkuma Resources Corp. (IKM.V) (CVE:IKM) 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.

Ikkuma Resources Corp. (IKM.V) Trading Down 8.0%

The business has a 50 day moving average of C$0.46 and a two-hundred day moving average of C$0.46. The firm has a market cap of C$50.29 million and a P/E 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.

Ikkuma Resources Corp. (IKM.V) Company Profile

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.