Iconic Minerals (CVE:ICM) Stock Price Up 15.4% – Here’s What Happened

Iconic Minerals Ltd. (CVE:ICMGet Free Report)’s share price rose 15.4% during mid-day trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.15. Approximately 1,289,473 shares changed hands during trading, an increase of 320% from the average daily volume of 307,037 shares. The stock had previously closed at C$0.13.

Iconic Minerals Price Performance

The company has a current ratio of 0.83, a quick ratio of 0.05 and a debt-to-equity ratio of 145.42. The business has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.07. The firm has a market capitalization of C$22.55 million, a PE ratio of -13.00 and a beta of 1.59.

About Iconic Minerals

(Get Free Report)

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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