Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s stock price rose 20% during mid-day trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 157,623 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 455,806 shares. The stock had previously closed at C$0.07.
Iconic Minerals Price Performance
The company has a quick ratio of 0.05, a current ratio of 0.83 and a debt-to-equity ratio of 145.42. The company has a market capitalization of C$15.79 million, a PE ratio of -8.50 and a beta of 0.31. The firm’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.08.
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. It also holds a 100% interest in the Bonnie Claire property located in Nevada; and holds a 100% interest in the Grass Valley lithium property located in Lander County, Nevada. The company was formerly known as Bonaventure Enterprises Inc and changed its name to Iconic Minerals Ltd.
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