Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s share price rose 18.2% during trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 1,214,450 shares changed hands during mid-day trading, an increase of 509% from the average daily volume of 199,441 shares. The stock had previously closed at C$0.06.
Iconic Minerals Price Performance
The firm has a market capitalization of C$9.59 million, a PE ratio of 0.46 and a beta of 1.26. The stock has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.02. The company has a quick ratio of 0.05, a current ratio of 0.83 and a debt-to-equity ratio of 145.42.
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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