International Frontier Resources (CVE:IFR) Reaches New 12-Month Low – Time to Sell?

Shares of International Frontier Resources Co. (CVE:IFRGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 2020 shares trading hands. The stock had previously closed at C$0.04.

International Frontier Resources Trading Down 12.5 %

The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05. The firm has a market cap of C$1.33 million, a PE 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

(Get Free Report)

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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