Iconic Minerals (CVE:ICM) Trading Up 33.3% – Here’s What Happened

Iconic Minerals Ltd. (CVE:ICMGet Free Report)’s share price was up 33.3% during trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 450,700 shares changed hands during trading, a decline of 29% from the average daily volume of 632,367 shares. The stock had previously closed at C$0.02.

Iconic Minerals Stock Up 33.3 %

The business has a fifty day moving average of C$0.01 and a 200 day moving average of C$0.01. The company has a quick ratio of 0.05, a current ratio of 0.83 and a debt-to-equity ratio of 145.42. The firm has a market cap of C$2.95 million, a P/E ratio of 0.14 and a beta of 1.26.

About Iconic Minerals

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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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