Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s share price shot up 16.7% during trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. 422,987 shares were traded during mid-day trading, an increase of 45% from the average session volume of 292,415 shares. The stock had previously closed at C$0.06.
Iconic Minerals Stock Performance
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 fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The stock has a market cap of C$10.33 million, a P/E ratio of -7.00 and a beta of 1.25.
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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