Oceanic Iron Ore (CVE:FEO) Stock Crosses Above 200-Day Moving Average – What’s Next?

Posted by ABMN Staff on Jun 5th, 2026

Shares of Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.81 and traded as high as C$0.82. Oceanic Iron Ore shares last traded at C$0.80, with a volume of 240,618 shares changing hands.

Analyst Ratings Changes

Separately, Haywood Securities set a C$2.00 target price on shares of Oceanic Iron Ore and gave the company a “buy” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Oceanic Iron Ore presently has a consensus rating of “Buy” and a consensus price target of C$2.00.

View Our Latest Report on FEO

Oceanic Iron Ore Stock Up 1.3%

The company has a market cap of C$208.50 million, a P/E ratio of -1.10 and a beta of 3.06. 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 company’s 50-day moving average is C$0.81 and its two-hundred day moving average is C$0.81.

Insider Buying and Selling

In related news, Director Jeremy Langford bought 128,500 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of C$0.78 per share, with a total value of C$100,230.00. Following the transaction, the director owned 128,500 shares in the company, valued at approximately C$100,230. This trade represents a ∞ increase in their position. Company insiders own 9.00% of the company’s stock.

About Oceanic Iron Ore

(Get Free Report)

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. The company was formerly known as Pacific Harbour Capital Ltd. and changed its name to Oceanic Iron Ore Corp. in November 2010. Oceanic Iron Ore Corp.