Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.09. Oceanic Iron Ore shares last traded at C$0.08, with a volume of 69,664 shares.
Oceanic Iron Ore Stock Performance
The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.07. The firm has a market capitalization of C$8.21 million, a price-to-earnings ratio of -6.50 and a beta of 1.13. The company has a quick ratio of 0.43, a current ratio of 0.26 and a debt-to-equity ratio of 8.66.
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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