Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s share price rose 21.2% on Monday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 3,468,210 shares were traded during trading, a decline of 13% from the average daily volume of 3,978,489 shares. The stock had previously closed at C$0.17.
Iconic Minerals Trading Up 16.4%
The company has a market cap of C$29.86 million, a price-to-earnings ratio of -13.00 and a beta of 1.45. 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’s fifty day moving average price is C$0.12 and its two-hundred day moving average price is C$0.09.
About Iconic Minerals
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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