Iconic Minerals (CVE:ICM) Trading Up 16.7% – Should You Buy?

Iconic Minerals Ltd. (CVE:ICMGet Free Report)’s stock price was up 16.7% during mid-day trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 422,987 shares were traded during trading, an increase of 45% from the average daily volume of 292,415 shares. The stock had previously closed at C$0.06.

Iconic Minerals Stock Up 16.7%

The stock has a market cap of C$10.33 million, a price-to-earnings ratio of -7.00 and a beta of 1.25. The business’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.06. The company has a debt-to-equity ratio of 145.42, a quick ratio of 0.05 and a current ratio of 0.83.

Iconic Minerals Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Iconic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.