International Frontier Resources (CVE:IFR) Sets New 52-Week Low – Should You Sell?

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 company traded as low as C$0.04 and last traded at C$0.04, with a volume of 121000 shares changing hands. The stock had previously closed at C$0.04.

International Frontier Resources Trading Down 12.5 %

The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 8.43. The company has a market capitalization of C$1.33 million, a price-to-earnings ratio of -1.75 and a beta of 1.14. The firm has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

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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