International Frontier Resources (CVE:IFR) Sets New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

International Frontier Resources Co. (CVE:IFR – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.04.

International Frontier Resources Trading Down 12.5 %

The stock’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a debt-to-equity ratio of 8.43, a current ratio of 0.36 and a quick ratio of 0.22. The company has a market capitalization of C$1.33 million, a P/E ratio of -1.75 and a beta of 1.14.

About International Frontier Resources

(Get Free Report)

International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas in Mexico, Canada, and the United States. The company has oil and natural gas interests in the Central Mackenzie Valley, Northwest Territories, Canada; and owns mineral titles covering an area of approximate 15,200 acres located in Northwest Montana.

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