Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.06 and traded as high as C$0.07. Oceanic Iron Ore shares last traded at C$0.06, with a volume of 152,500 shares changing hands.
Oceanic Iron Ore Stock Performance
The stock has a market cap of C$6.48 million, a price-to-earnings ratio of -6.50 and a beta of 1.10. The firm’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.06. The company has a current ratio of 0.21, a quick ratio of 0.43 and a debt-to-equity ratio of 8.51.
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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