ICONIC MINERALS LTD chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.35
Market capitalization 12.61M
Operating cash flow 4.19M
ESG Scores unknown

Company description

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. It also holds a 100% interest in the Bonnie Claire property with 1,155 claims covering 13,900 acres located in Nevada; and holds an option to acquire a 100% interest in Smith Creek property located in Nevada. The company was formerly known as Bonaventure Enterprises Inc. and changed its name to Iconic Minerals Ltd. in March 2011. Iconic Minerals Ltd. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Sector: Basic Materials - Industry: Gold

Financial Ratios
Quick Ratio0.95
Working Capital8.21
Return On Equity-0.49
Debt To Equity0.69
Fixed Asset Ratio2.57
Fixed Interest Cover-14.22

Financial data

Financial Statements

Cashflow Statement 2018-08-31 2019-08-31 2020-08-31 2021-08-31
Change To Liabilities 136.73k 449.19k -168.85k -313.81k
Total Cashflows From Investing Activities -485.75k -60.29k 67.72k 579.73k
Net Borrowings -175k -175k -175k -614k
Total Cash From Financing Activities 1.23M 812.2k 812.2k 1.64M
Change To Operating Activities -12.5k -12.5k -112.5k 1.25M
Issuance Of Stock 1.25M 1M 1M 2.29M
Net Income -1.44M -1.54M 586.49k -1.21M
Change In Cash 62.12k -64.68k 111.32k 2.25M
Effect Of Exchange Rate
Total Cash From Operating Activities -677.9k -4.39k -768.59k 29.6k
Depreciation 27.34k 1.04M 33.18k 20.22k
Change To Account Receivables 11.24k -5.04k -18.87k 14.75k
Other Cashflows From Financing Activities -24.36k -12.8k -12.8k -32.75k
Change To Netincome 589.07k 65.44k -1.09M 267.2k
Capital Expenditures -485.75k -285.29k -453.21k -1.29M

Income Statement 2018-08-31 2019-08-31 2020-08-31 2021-08-31
Research Development
Income Before Tax -1.44M -1.54M 586.49k -1.21M
Net Income -1.44M -1.54M 586.49k -1.21M
Selling General Administrative 711.99k 379.52k 448.09k 940.35k
Gross Profit
Ebit -1.21M -1.42M -481.27k -1.89M
Operating Income -1.21M -1.42M -481.27k -1.89M
Interest Expense -119.73k -66.68k -60.59k -132.76k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -235.51k -121.96k 1.07M 678.27k
Net Income From Continuing Ops -1.44M -1.54M 586.49k -1.21M
Net Income Applicable To Common Shares -1.44M -1.54M 586.49k -1.21M

Balance Sheet Statement 2018-08-31 2019-08-31 2020-08-31 2021-08-31
Total Liabilities 4.06M 4.62M 4.14M 4.58M
Total Stockholder Equity 152.03k -1.16M 437.98k 2.47M
Other Current Liabilities 956.08k 1.36M 1.06M 1.87M
Total Assets 4.22M 3.46M 4.58M 7.04M
Common Stock 41.73M 41.96M 42.95M 45.21M
Other Current Assets 1.13M
Retained Earnings -45.82M -47.36M -46.78M -47.99M
Treasury Stock 4.25M 4.24M 4.27M 5.24M
Cash 70.92k 6.24k 117.56k 1.24M
Total Current Liabilities 2.13M 2.56M 2.17M 2.84M
Other Stockholder Equity 4.25M 4.24M 4.27M 5.24M
Property, Plant, and Equipment 4.13M 3.33M 3.67M 4.35M
Total Current Assets 82.45k 138.26k 801.92k 2.69M
Net Tangible Assets 152.03k -1.16M 437.98k 2.47M
Net Receivables 9.53k 14.57k 33.45k 18.7k
Accounts Payable 313.72k 370.59k 285.31k 373.77k


Insider Transactions

Here are the insider transactions of stock shares related to ICONIC MINERALS LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Barnett (Richard)Exercise of warrants at price 0.06 per share.D2021-06-30Senior Officer of Issuer200k
Nathe (Keturah)Conversion or exchange at price 0.06 per share.D2021-06-29Director of Issuer500k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ICONIC MINERALS LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ICONIC MINERALS LTD

Here is the result of two systematic investment strategies applied to ICONIC MINERALS LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ICONIC MINERALS LTD

The following chart shows the equity curve of the two systematic investment strategies applied to ICONIC MINERALS LTD:

ICONIC MINERALS LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 200.12% on the backtest period.

Performance at glance

Performance

200.12 %

Latent gain

4502.63 C$

Invested capital

2250.01 C$

Annualized return

47.42 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on ICONIC MINERALS LTD

This is the result of two momentum investment strategies applied to ICONIC MINERALS LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ICONIC MINERALS LTD

The following chart shows all the entries opened by the momentum investment system on ICONIC MINERALS LTD:

ICONIC MINERALS LTD momentum entries
  • The first momentum investment strategy would give 257.71% of return on ICONIC MINERALS LTD. That represents 19972.76C$ of latent gain with 7750.11C$ of employed capital.
  • The second momentum investment strategy would give 297.7% of return on ICONIC MINERALS LTD. That represents 13396.72C$ of latent gain with 4500.09C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

257.71 %

Latent gain

19972.76 C$

Invested capital

7750.11 C$

Annualized return

65.91 %
Performance at glance (2Q Momentum)

Performance

297.7 %

Latent gain

13396.72 C$

Invested capital

4500.09 C$

Annualized return

79.6 %

Momentum equity curve on ICONIC MINERALS LTD

The following chart shows the equity curve of the two momentum strategies applied to ICONIC MINERALS LTD:

ICONIC MINERALS LTD momentum equity

Note: the dividends potentially given by ICONIC MINERALS LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ICONIC MINERALS LTD

The following chart shows the employed capital evolution of the two momentum strategies on ICONIC MINERALS LTD since the beginning:

ICONIC MINERALS LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ICONIC MINERALS LTD

Buy the dip entry openings on ICONIC MINERALS LTD

ICONIC MINERALS LTD

The performance achieved by the robo-advisor on ICONIC MINERALS LTD is 146.32%. That represents 731.64$ of latent gain with 500.04C$ of employed capital. The following chart shows ICONIC MINERALS LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ICONIC MINERALS LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

146.32 %

Latent gain

731.64 C$

Invested capital

500.04 C$

Annualized return

65.91 %

Equity curve of the strategy applied to ICONIC MINERALS LTD

The following chart shows the result of the investment strategy applied to ICONIC MINERALS LTD:

ICONIC MINERALS LTD

Note: the dividends potentially given by ICONIC MINERALS LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ICONIC MINERALS LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on ICONIC MINERALS LTD:

ICONIC MINERALS LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ICONIC MINERALS LTD

In this section, I will compare the three previous investment strategies applied to ICONIC MINERALS LTD.

Equity curve comparison on ICONIC MINERALS LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ICONIC MINERALS LTD investment strategy comparison

Employed capital comparison on ICONIC MINERALS LTD

ICONIC MINERALS LTD investment comparison

Performance comparison on ICONIC MINERALS LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 200.12% 4502.63C$ 2250.01C$ 47.42%
Momentum 1 quarter 257.71% 19972.76C$ 7750.11C$ 64.75%
Momentum 2 quarters 297.7% 13396.72C$ 4500.09C$ 79.6%
Non-directional 146.32% 731.64C$ 500.04C$ 65.91%
Annualized return comparison

Automatic investment

47.42 %

Momentum 1Q

79.6 %

Momentum 2Q

79.6 %

Non-directional

65.91 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ICONIC MINERALS LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ICONIC MINERALS LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of ICONIC MINERALS LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ICONIC MINERALS LTD
Country Canada
City Vancouver
Address 595 Howe Street
Phone 604-336-8614
Website www.iconicminerals.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker ICM.XTSX
Market www.tsx.com

ICONIC MINERALS LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown