Ikkuma Resources (IKM) Given New C$0.68 Price Target at TD Securities

Ikkuma Resources (CVE:IKM) had its price objective raised by TD Securities from C$0.67 to C$0.68 in a research report released on Thursday.

Shares of CVE IKM traded down C$0.02 during mid-day trading on Thursday, reaching C$0.50. 22,850 shares of the company traded hands, compared to its average volume of 197,829. Ikkuma Resources has a fifty-two week low of C$0.24 and a fifty-two week high of C$0.68. The company has a debt-to-equity ratio of 56.38, a current ratio of 0.59 and a quick ratio of 0.43.

Ikkuma Resources (CVE:IKM) last announced its earnings results on Wednesday, August 29th. The company reported C($0.08) earnings per share for the quarter, missing the consensus estimate of C($0.07) by C($0.01). The company had revenue of C$16.46 million during the quarter. Equities analysts forecast that Ikkuma Resources will post -0.132452832687789 earnings per share for the current year.

Ikkuma Resources Company Profile

Ikkuma Resources Corp., an oil and natural gas company, engages in the exploration and development of oil and gas resources in Western Canada. Its oil and gas properties are located in the foothills of Alberta and British Columbia. The company was formerly known as PanTerra Resource Corp. and changed its name to Ikkuma Resources Corp.

Featured Article: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Receive News & Ratings for Ikkuma Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ikkuma Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply