International Frontier Resources (CVE:IFR) Hits New 1-Year Low – Here’s Why

International Frontier Resources Co. (CVE:IFRGet Free Report)’s stock price hit a new 52-week low on Thursday . The company 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 Stock Performance

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

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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