Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s share price dropped 20% during mid-day trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 380,801 shares changed hands during trading, an increase of 26% from the average daily volume of 303,026 shares. The stock had previously closed at C$0.08.
Iconic Minerals Stock Up 8.3%
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 has a market capitalization of C$9.59 million, a PE ratio of -6.50 and a beta of 1.25. The business’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06.
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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