Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s share price traded up 25.4% on Thursday . The company traded as high as C$0.79 and last traded at C$0.79. 151,214 shares changed hands during trading, a decline of 15% from the average session volume of 177,289 shares. The stock had previously closed at C$0.63.
Oceanic Iron Ore Stock Performance
The stock’s fifty day moving average price is C$0.88 and its two-hundred day moving average price is C$0.48. The company has a debt-to-equity ratio of 15.79, a quick ratio of 0.43 and a current ratio of 0.03. The company has a market cap of C$117.27 million, a P/E ratio of -6.08 and a beta of 3.27.
About Oceanic Iron Ore
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.
Further Reading
- Five stocks we like better than Oceanic Iron Ore
- What is Forex and How Does it Work?
- 3 Cash-Rich Stocks With High Growth Potential Right Now
- Roth IRA Calculator: Calculate Your Potential Returns
- Why Vertical Aerospace Stock Could Double After This Flight Test
- What is the FTSE 100 index?
- Amazon: Breakout Confirmed—Here’s Where It Could Go Next
Receive News & Ratings for Oceanic Iron Ore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceanic Iron Ore and related companies with MarketBeat.com's FREE daily email newsletter.
