Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s stock price was up 21.2% during mid-day trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 2,428,522 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 3,012,593 shares. The stock had previously closed at C$0.17.
Iconic Minerals Price Performance
The company has a debt-to-equity ratio of 145.42, a quick ratio of 0.05 and a current ratio of 0.83. The firm’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.09. The company has a market capitalization of C$30.32 million, a P/E ratio of -13.00 and a beta of 1.45.
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. 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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