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

Shares of International Frontier Resources Co. (CVE:IFRGet Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 2000 shares traded. The stock had previously closed at C$0.04.

International Frontier Resources Stock Up 14.3 %

The firm has a market cap of C$1.52 million, a P/E ratio of -2.00 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. The business 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

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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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