Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.17 and traded as high as C$0.18. Oceanic Iron Ore shares last traded at C$0.17, with a volume of 30,000 shares.
Oceanic Iron Ore Stock Down 5.6 %
The business has a 50-day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.17. The company has a market cap of C$18.71 million, a price-to-earnings ratio of -8.50 and a beta of 0.99. The company has a quick ratio of 0.43, a current ratio of 0.03 and a debt-to-equity ratio of 15.79.
Oceanic Iron Ore Company Profile
Oceanic Iron Ore Corp., an exploration stage company, acquires and explores for iron ore properties in Quebec, Canada. It holds a 100% interest in the Ungava Bay iron property comprising three project areas, including Hopes Advance, Morgan Lake, and Roberts Lake, which covers an area of approximately 35,999 hectares of iron formation located in Nunavik, Quebec.
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