Iconic Minerals (CVE:ICM) Hits New 52-Week Low at $0.04

Shares of Iconic Minerals Ltd (CVE:ICM) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 15000 shares traded. The stock had previously closed at C$0.05.

The firm’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.08. The company has a debt-to-equity ratio of 3,955.80, a quick ratio of 0.05 and a current ratio of 0.05. The firm has a market capitalization of $4.01 million and a PE ratio of -6.67.

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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