Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s share price rose 25.4% during trading on Thursday . The company traded as high as C$0.79 and last traded at C$0.79. Approximately 151,214 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 177,289 shares. The stock had previously closed at C$0.63.
Oceanic Iron Ore Stock Up 25.4%
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 stock has a 50 day simple moving average of C$0.88 and a 200 day simple moving average of C$0.48. The firm has a market capitalization of C$117.27 million, a PE 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.
Featured Stories
- Five stocks we like better than Oceanic Iron Ore
- Why Invest in 5G? How to Invest in 5G Stocks
- AMD’s Price Pullback Equals Opportunity: The Big Gains Are Coming
- How to Use the MarketBeat Excel Dividend Calculator
- Uber Stock Pullback Looks Like a Clear Buying Opportunity
- What Are Dividend Champions? How to Invest in the Champions
- 3 Cash-Rich Stocks With High Growth Potential Right Now
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.
