Ikkuma Resources (IKM) Reaches New 1-Year Low at $0.38

Ikkuma Resources Corp (CVE:IKM)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.38 and last traded at C$0.40, with a volume of 380250 shares. The stock had previously closed at C$0.39.

The stock has a market capitalization of $43.73, a price-to-earnings ratio of -3.41 and a beta of 1.59.

Ikkuma Resources (CVE:IKM) last released its quarterly earnings results on Thursday, November 23rd. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). Ikkuma Resources had a negative return on equity of 2.75% and a negative net margin of 8.02%.

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About Ikkuma Resources

Ikkuma Resources Corp. engages in the exploration and production of oil and gas properties 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.

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