Shares of Ikkuma Resources Corp (CVE:IKM) reached a new 52-week low on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.29, with a volume of 182497 shares traded. The stock had previously closed at C$0.31.

Separately, Beacon Securities downgraded Ikkuma Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd.

The stock has a market cap of $33.35, a P/E ratio of -2.82 and a beta of 1.29.

Ikkuma Resources (CVE:IKM) last issued its earnings results on Thursday, November 23rd. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.02) by C($0.01). Ikkuma Resources had a negative net margin of 37.51% and a negative return on equity of 10.10%.

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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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