BSc BSc - Iconic Minerals CEO Pres

ICM Stock  CAD 0.01  0.01  50.00%   

Insider

BSc BSc is CEO Pres of Iconic Minerals
Age 74
Address 595 Howe Street, Vancouver, BC, Canada, V6C 2T5
Phone604 336 8614
Webhttps://www.iconicminerals.com

Iconic Minerals Management Efficiency

The company has return on total asset (ROA) of (0.0869) % which means that it has lost $0.0869 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.936 %, meaning that it generated $0.936 on every $100 dollars invested by stockholders. Iconic Minerals' management efficiency ratios could be used to measure how well Iconic Minerals manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Iconic Minerals' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 3.90 in 2024, whereas Return On Capital Employed is likely to drop (0.71) in 2024. At this time, Iconic Minerals' Total Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 245.4 K in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (409.7 K).
Iconic Minerals has accumulated 1.39 M in total debt. Iconic Minerals has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Iconic Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Iconic Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iconic Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iconic to invest in growth at high rates of return. When we think about Iconic Minerals' use of debt, we should always consider it together with cash and equity.
Iconic Minerals Ltd., a mineral exploration company, engages in the acquisition and exploration of gold and lithium properties in Nevada and Canada. Iconic Minerals Ltd. was incorporated in 1979 and is headquartered in Vancouver, Canada. ICONIC MINERALS operates under Gold classification in Canada and is traded on TSX Venture Exchange. Iconic Minerals (ICM) is traded on TSX Venture Exchange in Canada and employs 3 people. Iconic Minerals is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Iconic Minerals Management Team

Elected by the shareholders, the Iconic Minerals' board of directors comprises two types of representatives: Iconic Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iconic. The board's role is to monitor Iconic Minerals' management team and ensure that shareholders' interests are well served. Iconic Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Iconic Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
BSc BSc, CEO Pres
CPA CGA, S CFO
Keturah Nathe, VP Director

Iconic Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Iconic Minerals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for Iconic Stock Analysis

When running Iconic Minerals' price analysis, check to measure Iconic Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iconic Minerals is operating at the current time. Most of Iconic Minerals' value examination focuses on studying past and present price action to predict the probability of Iconic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iconic Minerals' price. Additionally, you may evaluate how the addition of Iconic Minerals to your portfolios can decrease your overall portfolio volatility.