Iconic Minerals (CVE:ICM) Stock Price Up 5.6%

Iconic Minerals Ltd (CVE:ICM)’s share price rose 5.6% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10, approximately 10,000 shares changed hands during mid-day trading. A decline of 86% from the average daily volume of 73,144 shares. The stock had previously closed at C$0.09.

The firm has a fifty day moving average price of C$0.10. The firm has a market cap of $7.26 million and a P/E ratio of -15.83. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 3,955.80.

About Iconic Minerals (CVE:ICM)

Iconic Minerals Ltd., a mineral exploration company, engages in the acquisition and exploration of gold and lithium properties in Nevada and Canada. It also explores for silver ores. The company holds a 100% interest in the Hercules project located in Lyon County; and 50% interests in the New Pass project located in Churchill County and Squaw creek property located to the north of Battle Mountain in Nevada.

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