Today’s Research Reports on Ikkuma Resources, Parex Resources, Madalena Energy and Gear Energy

NEW YORK, NY / ACCESSWIRE / October 10, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI Initiates Coverage on:

Ikkuma Resources Corp.
https://rdinvesting.com/news/?ticker=IKM.V

Parex Resources Inc.
https://rdinvesting.com/news/?ticker=PXT.TO

Madalena Energy Inc.
https://rdinvesting.com/news/?ticker=MVN.V

Gear Energy Ltd.
https://rdinvesting.com/news/?ticker=GXE.TO

Ikkuma Resources' stock jumped 3.13% Tuesday, to close the day at $0.66. The stock recorded a trading volume of 73,360 shares, which was below its three months average volume of 208,406 shares. In the last year, Ikkuma Resources' shares have traded in a range of 0.24 - 0.68. The share price has gained 175% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $0.54 is greater than its 200-day moving average of $0.37. Shares of Ikkuma Resources have gained approximately 29.41 percent year-to-date.

Access RDI's Ikkuma Resources Corp. Research Report at:
https://rdinvesting.com/news/?ticker=IKM.V

On Tuesday, shares of Parex Resources recorded a trading volume of 557,336 shares, which was below the three months average volume of 727,131 shares. The stock ended the day 1.82% lower at $21.02. The share price has fallen 21.51% from its 52 week high with a 52 week trading range of 15.33 - 26.78. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $20.21 is lower than its 200-day moving average of $21.75. Shares of the company are trading at a Price to Earnings ratio of 8.96. Shares of Parex Resources have gained approximately 15.75 percent year-to-date.

Access RDI's Parex Resources Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PXT.TO

Madalena Energy’s stock jumped 5% Tuesday, to close the day at $0.21. The stock recorded a trading volume of 379,060 shares, which was above its three months average volume of 137,480 shares. In the last year, Madalena Energy's shares have traded in a range of 0.14 - 0.29. The share price has gained 50% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.21 is lower than its 200-day moving average of $0.22. Shares of Madalena Energy have fallen approximately 16 percent year-to-date.

Access RDI's Madalena Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MVN.V

On Tuesday, shares of Gear Energy recorded a trading volume of 186,410 shares, which was below the three months average volume of 321,107 shares. The stock ended the day 3.54% lower at $1.09. The share price has fallen 25.85% from its 52 week high with a 52 week trading range of 0.67 - 1.47. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $1.16 is greater than its 200-day moving average of $1.12. Shares of Gear Energy have gained approximately 28.24 percent year-to-date.

Access RDI's Gear Energy Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=GXE.TO

Our Actionable Research on Ikkuma Resources Corp. (TSXV:IKM.V), Parex Resources Inc. (TSX:PXT.TO), Madalena Energy Inc. (TSXV:MVN.V) and Gear Energy Ltd. (TSX:GXE.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com

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View source version on accesswire.com:
https://www.accesswire.com/513792/Todays-Research-Reports-on-Ikkuma-Resources-Parex-Resources-Madalena-Energy-and-Gear-Energy



View source version on accesswire.com:
https://www.accesswire.com/513792/Todays-Research-Reports-on-Ikkuma-Resources-Parex-Resources-Madalena-Energy-and-Gear-Energy



View source version on accesswire.com:
https://www.accesswire.com/513792/Todays-Research-Reports-on-Ikkuma-Resources-Parex-Resources-Madalena-Energy-and-Gear-Energy



View source version on accesswire.com:
https://www.accesswire.com/513792/Todays-Research-Reports-on-Ikkuma-Resources-Parex-Resources-Madalena-Energy-and-Gear-Energy

Source: ACCESSWIRE Investor Awareness (October 10, 2018 - 8:00 AM EDT)

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