Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.
Oceanic Iron Ore Stock Performance
The firm’s fifty day moving average price is C$0.20 and its 200 day moving average price is C$0.17. 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 firm has a market capitalization of C$18.71 million, a PE ratio of -8.50 and a beta of 0.99.
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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