Shares of Iconic Minerals Ltd. (CVE:ICM – Get Free Report) traded down 17.6% during trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 348,000 shares were traded during trading, an increase of 4% from the average session volume of 333,247 shares. The stock had previously closed at C$0.09.
Iconic Minerals Trading Down 17.6%
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 has a market capitalization of C$10.33 million, a price-to-earnings ratio of -7.00 and a beta of 1.70. The business has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.05.
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.
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