Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.56 and traded as high as C$0.85. Oceanic Iron Ore shares last traded at C$0.78, with a volume of 156,462 shares traded.
Oceanic Iron Ore Trading Down 3.7%
The company has a market capitalization of C$119.31 million, a PE ratio of -6.00 and a beta of 3.27. The company has a fifty day simple moving average of C$0.87 and a 200-day simple moving average of C$0.56. The company has a current ratio of 0.03, a quick ratio of 0.43 and a debt-to-equity ratio of 15.79.
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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