Iconic Minerals Ltd. (CVE:ICM)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.33 and last traded at C$0.31, with a volume of 515771 shares. The stock had previously closed at C$0.32.
The company has a market cap of C$36.30 million and a P/E ratio of 34.29. The company has a current ratio of 0.19, a quick ratio of 0.15 and a debt-to-equity ratio of 1,090.43. The business has a 50 day moving average price of C$0.19 and a 200-day moving average price of C$0.13.
In related news, Senior Officer Richard Barnett sold 200,000 shares of the stock in a transaction on Thursday, January 21st. The stock was sold at an average price of C$0.17, for a total value of C$33,000.00. Following the sale, the insider now owns 1,778,750 shares in the company, valued at approximately C$293,493.75.
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 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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