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

International Frontier Resources Co. (CVE:IFRGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 4334 shares. The stock had previously closed at C$0.03.

International Frontier Resources Price Performance

The company has a debt-to-equity ratio of 8.43, a current ratio of 0.36 and a quick ratio of 0.22. The stock has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04. The company has a market capitalization of C$1.14 million, a price-to-earnings ratio of -0.75 and a beta of -0.54.

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. It has a license contract for the extraction of hydrocarbons in the Tecolutla Block located in Veracruz, Mexico; and holds an interest in significant discovery licenses situated in Northwest Territories.

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