International Frontier Resources (CVE:IFR) Reaches New 52-Week Low – Here’s Why

Shares of International Frontier Resources Co. (CVE:IFRGet Free Report) reached a new 52-week low during trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 1000 shares. The stock had previously closed at C$0.04.

International Frontier Resources Stock Up 14.3 %

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$1.52 million, a price-to-earnings ratio of -2.00 and a beta of 1.14. The firm’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.

About International Frontier Resources

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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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