Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Posted by ABMN Staff on Apr 3rd, 2025

Ikkuma Resources Corp. (IKM.V) (CVE:IKM – Get Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.46 and traded as low as C$0.46. Ikkuma Resources Corp. (IKM.V) shares last traded at C$0.46, with a volume of 18,600 shares changing hands.

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

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 company has a market capitalization of C$50.29 million and a PE ratio of -0.91. The firm’s 50-day simple moving average is C$0.46 and its 200 day simple moving average is C$0.46.

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.