Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.07 and traded as high as C$0.10. Oceanic Iron Ore shares last traded at C$0.10, with a volume of 135,000 shares.
Oceanic Iron Ore Price Performance
The company has a current ratio of 0.26, a quick ratio of 0.43 and a debt-to-equity ratio of 8.66. The stock has a market capitalization of C$10.40 million, a PE ratio of -6.50 and a beta of 1.13. The firm has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.07.
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.
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