Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$0.15 and last traded at C$0.15, with a volume of 152500 shares trading hands. The stock had previously closed at C$0.12.
Oceanic Iron Ore Trading Up 33.3 %
The stock has a market cap of C$17.52 million, a P/E ratio of -6.00 and a beta of 0.90. The company has a quick ratio of 0.43, a current ratio of 0.03 and a debt-to-equity ratio of 15.79. The business’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.08.
Oceanic Iron Ore (CVE:FEO – Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, analysts expect that Oceanic Iron Ore Corp. will post -0.06 EPS for the current year.
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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