Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.18 and traded as high as C$0.19. Oceanic Iron Ore shares last traded at C$0.19, with a volume of 500 shares trading hands.
Oceanic Iron Ore Price Performance
The company has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.18. The company has a current ratio of 0.03, a quick ratio of 0.43 and a debt-to-equity ratio of 15.79. The firm has a market cap of C$20.92 million, a price-to-earnings ratio of -9.50 and a beta of 0.99.
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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