Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.78 and traded as high as C$0.94. Oceanic Iron Ore shares last traded at C$0.93, with a volume of 118,995 shares trading hands.
Oceanic Iron Ore Stock Performance
The firm has a fifty day simple moving average of C$0.78 and a 200 day simple moving average of C$0.78. 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 stock has a market cap of C$142.25 million, a price-to-earnings ratio of -1.09 and a beta of 3.05.
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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