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

International Frontier Resources Co. (CVE:IFR)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 164000 shares traded. The stock had previously closed at C$0.04.

International Frontier Resources Stock Down 12.5 %

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

International Frontier Resources (CVE:IFR) last issued its earnings results on Tuesday, August 27th. The company reported C($0.03) earnings per share (EPS) for the quarter.

International Frontier Resources Company Profile

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.