International Frontier Resources (CVE:IFR) Sets New 12-Month Low – Should You Sell?

International Frontier Resources Co. (CVE:IFR)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 8015 shares. The stock had previously closed at C$0.04.

International Frontier Resources Trading Down 14.3%

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

About International Frontier Resources

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.