Iconic Minerals (CVE:ICM) Trading Up 4.2% – Time to Buy?

Shares of Iconic Minerals Ltd. (CVE:ICMGet Free Report) were up 4.2% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 393,687 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 304,452 shares. The stock had previously closed at C$0.12.

Iconic Minerals Stock Up 4.2%

The firm has a market cap of C$19.44 million, a PE ratio of -12.50 and a beta of 1.25. 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 firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.07.

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.

See Also

Receive News & Ratings for Iconic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.