Shares of Iconic Minerals Ltd. (CVE:ICM – Get Free Report) were up 33.3% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 504,200 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 669,433 shares. The stock had previously closed at C$0.02.
Iconic Minerals Price Performance
The stock has a market capitalization of C$2.95 million, a PE ratio of 0.14 and a beta of 1.26. The company has a current ratio of 0.83, a quick ratio of 0.05 and a debt-to-equity ratio of 145.42. The company’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.
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.
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