Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s share price dropped 26.7% during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 300,801 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 302,579 shares. The stock had previously closed at C$0.08.
Iconic Minerals Price Performance
The firm has a market capitalization of C$8.85 million, a P/E ratio of -6.00 and a beta of 1.25. 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 stock’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06.
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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