Iconic Minerals Stock Today

ICM Stock  CAD 0.01  0.01  50.00%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 57

 
High
 
Low
Above Average
Iconic Minerals is selling for under 0.01 as of the 26th of November 2024; that is 50 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.01. Iconic Minerals has over 57 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Iconic Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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.. The company has 147.51 M outstanding shares of which 795 shares are currently shorted by private and institutional investors with about 0.01 days to cover all short positions. More on Iconic Minerals

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Iconic Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Iconic Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iconic Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Iconic Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Iconic Minerals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Iconic Minerals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Iconic Minerals' financial leverage. It provides some insight into what part of Iconic Minerals' total assets is financed by creditors.
Liquidity
Iconic Minerals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Total Cash From Operating Activities

(2.84 Million)
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. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iconic Minerals's market, we take the total number of its shares issued and multiply it by Iconic Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Iconic Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 147.51 M outstanding shares of which 795 shares are currently shorted by private and institutional investors with about 0.01 days to cover all short positions. Iconic Minerals has accumulated about 105.94 K in cash with (3.32 M) of positive cash flow from operations.
Check Iconic Minerals Probability Of Bankruptcy
Ownership Allocation
Iconic Minerals has a total of 147.51 Million outstanding shares. Iconic Minerals retains 7.23 (percent) of its outstanding shares held by insiders and 0.0 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Iconic Ownership Details

Iconic Minerals Risk Profiles

Although Iconic Minerals' alpha and beta are two of the key measurements used to evaluate Iconic Minerals' performance over the market, the standard measures of volatility play an important role as well.

Iconic Stock Against Markets

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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.