Shares of Iconic Minerals Ltd. (CVE:ICM – Get Free Report) traded up 37.5% during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 943,500 shares traded hands during trading, an increase of 415% from the average session volume of 183,122 shares. The stock had previously closed at C$0.04.
Iconic Minerals Price Performance
The company has a debt-to-equity ratio of 145.42, a current ratio of 0.83 and a quick ratio of 0.05. The company’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$7.38 million, a P/E ratio of 0.36 and a beta of 1.26.
Iconic Minerals Company Profile
Iconic Minerals Ltd., a mineral exploration company, engages in the acquisition and exploration of gold and lithium properties in Nevada and Canada. The company holds a 50% interest in the Midas South located in Elko County, Nevada; and 50% interests in the New Pass project located in Churchill County, Nevada.
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