Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.19. Oceanic Iron Ore shares last traded at C$0.19, with a volume of 2,000 shares.
Oceanic Iron Ore Price Performance
The firm has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of C$0.16. The company has a market capitalization of C$20.92 million, a PE ratio of -9.50 and a beta of 0.99. The company has a debt-to-equity ratio of 15.79, a quick ratio of 0.43 and a current ratio of 0.03.
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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