Iconic Minerals Ltd (TSE:ICM)

:ICM

ICM

Iconic Minerals

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Iconic Minerals (ICM) Price & Analysis

53 Followers

ICM Stock Chart & Stats

C$0.17

<C$0.01(33.33%)

At close: Jan 08 4:00 PM EST

C$0.17

<C$0.01(33.33%)

Day’s Range― - ―

52-Week RangeC$0.04 - C$0.33

Previous CloseN/A

Volume393.00K

Average Volume (3M)179.55K

Market Cap

C$12.07M

Enterprise ValueC$9.94M

Total Cash (Recent Filing)C$2.65M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta1.60

Next Earnings

Jul 29, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding185,759,050

10 Day Avg. Volume173,398

30 Day Avg. Volume179,550

Financial Highlights & Ratios

PEG Ratio0.47

Price to Book (P/B)32.60

Price to Sales (P/S)0.00

P/FCF Ratio-20.86

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance SheetZero reported debt reduces refinancing and covenant risk and gives the company flexibility while it advances exploration. For a pre-revenue explorer, being debt-free lowers bankruptcy risk, extends runway before new financing, and preserves optionality to pursue partnerships or staged development.

Improved Equity And Asset BaseAn improved equity position and larger asset base provide a firmer capital foundation to fund near-term exploration and operating needs. This reduces immediate pressure for dilutive capital, supports credibility with counterparties, and increases capacity to advance projects or secure JV partners.

Gold-industry Exposure (structural Optionality)Operating in the gold sector gives structural optionality: favorable macro demand and price cycles can materially improve project economics. For an explorer, this industry exposure enhances the long-term value of discoveries and increases the attractiveness of asset sales or farm-outs to producers.

Bears Say

Pre-revenue With Persistent Operating LossesA pre-revenue model and recurring operating losses limit the company's ability to self-fund exploration and development. Persistent deficits force management to focus on financing and milestone delivery rather than scaling operations, raising execution risk if exploration outcomes are delayed or unsuccessful.

Sustained Negative Operating And Free Cash FlowOngoing cash burn and volatile historical cash flows create a structural funding need. This increases the likelihood of future equity raises or asset sales, can dilute existing holders, and may constrain the pace of exploration and project advancement if capital markets tighten.

Core Returns Weak; 2023 Gain Was Non-operatingThe outsized 2023 profit driven by non-operating items obscures weak core operations. Reliance on one-off accounting gains rather than repeatable operational cash generation undermines evidence of sustainable value creation and leaves long-term performance dependent on exploration success.

Iconic Minerals News

Iconic Minerals, McEwen Mining Seal 50/50 JV to Expand Nevada’s New Pass Gold Resource

Iconic Minerals ( ($TSE:ICM) ) has shared an announcement. Iconic Minerals has formalized a 50/50 joint venture with...

2M ago

Iconic Minerals Ends Investor Relations Deal, Cancels 3 Million Options

Iconic Minerals ( ($TSE:ICM) ) has provided an update. Iconic Minerals has terminated its investor relations agreement with...

3M ago

Iconic Minerals Clarifies Terms of Recent Private Placement

Iconic Minerals ( ($TSE:ICM) ) has issued an update. Iconic Minerals Ltd. has clarified details of its recently...

4M ago

Iconic Minerals Secures TSXV Approval to Close $3.75 Million Private Placement

Iconic Minerals ( ($TSE:ICM) ) just unveiled an announcement. Iconic Minerals Ltd. has received final acceptance from the...

4M ago

Iconic Minerals Raises $3.75 Million to Advance Nevada Gold Exploration

Iconic Minerals ( ($TSE:ICM) ) just unveiled an announcement. Iconic Minerals Ltd. has closed a non-brokered private placement...

5M ago

Iconic Minerals Amends Terms of $3.75 Million Private Placement for Nevada Gold Exploration

The latest announcement is out from Iconic Minerals ( ($TSE:ICM) ). Iconic Minerals has amended the terms of...

5M ago

Iconic Minerals Ltd. Grants Stock Options to Boost Stakeholder Engagement

Iconic Minerals ( ($TSE:ICM) ) has provided an announcement. Iconic Minerals Ltd. has announced the granting of stock...

9M ago

Iconic Minerals Ends Investor Relations Agreement with Paradox

Iconic Minerals ( ($TSE:ICM) ) has shared an announcement. Iconic Minerals Ltd. announced the termination of its investor...

10M ago

Iconic Minerals Resumes Exploration at New Pass Gold Property

Iconic Minerals ( ($TSE:ICM) ) has shared an update. Iconic Minerals Ltd. announced the re-initiation of its exploration...

1y ago

Iconic Minerals Terminates Option Agreement for New Pass Gold Property

Iconic Minerals ( ($TSE:ICM) ) just unveiled an announcement. Iconic Minerals Ltd. has announced the termination of its...

1y ago

ICM FAQ

What was Iconic Minerals Ltd’s price range in the past 12 months?

Iconic Minerals Ltd lowest stock price was C$0.04 and its highest was C$0.33 in the past 12 months.

What is Iconic Minerals Ltd’s market cap?

Iconic Minerals Ltd’s market cap is C$12.07M.

When is Iconic Minerals Ltd’s upcoming earnings report date?

Iconic Minerals Ltd’s upcoming earnings report date is Jul 29, 2026 which is in 50 days.

How were Iconic Minerals Ltd’s earnings last quarter?

Iconic Minerals Ltd released its earnings results on Apr 24, 2026. The company reported -C$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.001.

Is Iconic Minerals Ltd overvalued?

According to Wall Street analysts Iconic Minerals Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Iconic Minerals Ltd pay dividends?

Iconic Minerals Ltd does not currently pay dividends.

What is Iconic Minerals Ltd’s EPS estimate?

Iconic Minerals Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Iconic Minerals Ltd have?

Iconic Minerals Ltd has 185,759,050 shares outstanding.

What happened to Iconic Minerals Ltd’s price movement after its last earnings report?

Iconic Minerals Ltd reported an EPS of -C$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.348%.

Which hedge fund is a major shareholder of Iconic Minerals Ltd?

Currently, no hedge funds are holding shares in TSE:ICM

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Iconic Minerals Ltd

Iconic Minerals Ltd. is a mineral exploration company dedicated to the discovery and development of gold and lithium deposits across Nevada and Canada. In Nevada, the company maintains a diverse portfolio of holdings. This includes outright ownership of the Hercules project in Lyon County and the Bonnie Claire property, the latter encompassing 1,155 claims across 13,900 acres. Iconic Minerals also holds a 50% stake in both the New Pass project (located in Churchill County) and the Squaw Creek property (situated north of Battle Mountain). Furthermore, it possesses an option to acquire full ownership of the Smith Creek property. Established in 1979, the company initially operated as Bonaventure Enterprises Inc. It subsequently adopted the name Iconic Minerals Ltd. in March 2011. The corporate headquarters are situated in Vancouver, Canada.