Iconic Minerals (CVE:ICM) Hits New 12-Month Low – Here’s Why

Iconic Minerals Ltd. (CVE:ICMGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 137000 shares trading hands. The stock had previously closed at C$0.01.

Iconic Minerals Price Performance

The firm has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.01. The company has a debt-to-equity ratio of 145.42, a current ratio of 0.83 and a quick ratio of 0.05. The stock has a market capitalization of C$1.48 million, a P/E ratio of 0.07 and a beta of 1.26.

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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