Iconic Minerals Ltd. (CVE:ICM – Get Free Report) was up 11.8% during trading on Friday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 348,816 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 1,612,081 shares. The stock had previously closed at C$0.17.
Iconic Minerals Stock Performance
The firm has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.12. 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 firm has a market cap of C$37.10 million, a P/E ratio of -13.00 and a beta of 0.40.
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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