Shares of Iconic Minerals Ltd. (CVE:ICM – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.16 and last traded at C$0.15, with a volume of 797160 shares changing hands. The stock had previously closed at C$0.13.
Iconic Minerals Stock Up 19.2%
The firm has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.07. The stock has a market capitalization of C$24.10 million, a PE ratio of -13.00 and a beta of 1.59. The company has a current ratio of 0.83, a quick ratio of 0.05 and a debt-to-equity ratio of 145.42.
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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