Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.62 and traded as high as C$0.70. Oceanic Iron Ore shares last traded at C$0.70, with a volume of 56,479 shares traded.
Oceanic Iron Ore Stock Performance
The company has a fifty day moving average price of C$0.78 and a two-hundred day moving average price of C$0.63. The firm has a market cap of C$107.07 million, a price-to-earnings ratio of -0.82 and a beta of 3.27. The company has a debt-to-equity ratio of 15.79, a current ratio of 0.03 and a quick ratio of 0.43.
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. The company was formerly known as Pacific Harbour Capital Ltd. and changed its name to Oceanic Iron Ore Corp. in November 2010. Oceanic Iron Ore Corp.
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