Ikkuma Resources Corp. (IKM.V) (CVE:IKM) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Posted by Caroline Horne on Mar 8th, 2025

Shares of Ikkuma Resources Corp. (IKM.V) (CVE:IKM – Get Free Report) crossed below its 200-day moving average during trading on Friday . 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 traded.

Ikkuma Resources Corp. (IKM.V) Price Performance

The company has a market capitalization of C$50.29 million and a price-to-earnings ratio of -0.91. The company has a fifty day simple moving average of C$0.46 and a two-hundred day simple moving average of 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.

Ikkuma Resources Corp. (IKM.V) Company Profile

(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.