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Today's Research Reports on Chinook Energy, Ikkuma Resources, Africa Oil and Pine Cliff Energy

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / December 17, 2018 / The Market Edge 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://marketedgereport.com and get exclusive access to our numerous research reports and market updates.

The Market Edge Initiates Coverage on:

Chinook Energy Inc.
https://marketedgereport.com/report/CKE.TO/

Ikkuma Resources Corp.
https://marketedgereport.com/report/IKM.V/

Africa Oil Corp.
https://marketedgereport.com/report/AOI.TO/

Pine Cliff Energy Ltd.
https://marketedgereport.com/report/PNE.TO/

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Chinook Energy's stock had no change Friday, to close the day at $0.18. The stock recorded a trading volume of 62,526 shares, which was below its three months average volume of 94,593 shares. In the last year, Chinook Energy's shares have traded in a range of 0.17 - 0.28. The share price has gained 5.88% 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 $0.20 is lower than its 200-day moving average of $0.22. Shares of Chinook Energy have fallen approximately 30.77 percent year-to-date.

Access The Market Edge's Chinook Energy Inc. Research Report:
https://marketedgereport.com/report/CKE.TO/

On Friday, shares of Ikkuma Resources recorded a trading volume of 1,289,000 shares, which was above the three months average volume of 192,062 shares. The stock ended the day 2.08% higher at $0.49. The share price has fallen 27.94% from its 52 week high with a 52 week trading range of 0.24 - 0.68. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $0.56 is greater than its 200-day moving average of $0.47. Shares of Ikkuma Resources have fallen approximately 3.92 percent year-to-date.

Access The Market Edge's Ikkuma Resources Corp. Research Report:
https://marketedgereport.com/report/IKM.V/

Africa Oil's stock moved 1.85% higher Friday, to close the day at $1.10. The stock recorded a trading volume of 90,965 shares, which was below its three months average volume of 106,276 shares. In the last year, Africa Oil's shares have traded in a range of 1.07 - 1.79. The share price has gained 2.8% 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 $1.22 is lower than its 200-day moving average of $1.25. Shares of Africa Oil have fallen approximately 22.54 percent year-to-date.

Access The Market Edge's Africa Oil Corp. Research Report:
https://marketedgereport.com/report/AOI.TO/

On Friday, shares of Pine Cliff Energy recorded a trading volume of 99,120 shares, which was below the three months average volume of 242,695 shares. The stock ended the day flat at $0.27. The share price has fallen 54.24% from its 52 week high with a 52 week trading range of 0.26 - 0.59. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.30 is lower than its 200-day moving average of $0.34. Shares of Pine Cliff Energy have fallen approximately 41.3 percent year-to-date.

Access The Market Edge's Pine Cliff Energy Ltd. Research Report:
https://marketedgereport.com/report/PNE.TO/

Our Actionable Research on Chinook Energy Inc. (TSX:CKE.TO), Ikkuma Resources Corp. (TSXV:IKM.V), Africa Oil Corp. (TSX:AOI.TO) and Pine Cliff Energy Ltd. (TSX:PNE.TO) can be downloaded free of charge at The Market Edge.

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The Market Edge has not been compensated; directly or indirectly; for producing or publishing this document.

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

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SOURCE: MarketEdgeReport