Iconic Minerals Ltd. (CVE:ICM – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 58972 shares traded. The stock had previously closed at C$0.04.
Iconic Minerals Stock Up 11.1%
The firm has a market capitalization of C$9.29 million, a price-to-earnings ratio of -5.00 and a beta of -0.16. The business’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.11. The company has a debt-to-equity ratio of 145.42, a quick ratio of 0.05 and a current ratio of 0.83.
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. It also holds a 100% interest in the Bonnie Claire property located in Nevada; and holds a 100% interest in the Grass Valley lithium property located in Lander County, Nevada. The company was formerly known as Bonaventure Enterprises Inc and changed its name to Iconic Minerals Ltd.
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