Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.17 and traded as high as C$0.18. Oceanic Iron Ore shares last traded at C$0.17, with a volume of 19,500 shares trading hands.
Oceanic Iron Ore Stock Performance
The company has a debt-to-equity ratio of 15.79, a current ratio of 0.03 and a quick ratio of 0.43. The stock has a market capitalization of C$18.71 million, a P/E ratio of -8.50 and a beta of 0.99. The company has a fifty day moving average of C$0.20 and a two-hundred day moving average of C$0.17.
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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