Iconic Minerals (CVE:ICM) Hits New 1-Year Low at $0.05

Iconic Minerals Ltd (CVE:ICM)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 45500 shares trading hands. The stock had previously closed at C$0.06.

The firm has a market cap of $4.84 million and a price-to-earnings ratio of -8.33. 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. The stock has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.10.

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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