Oceanic Iron Ore (CVE:FEO) Stock Crosses Above 200-Day Moving Average of $0.07

Oceanic Iron Ore Corp. (CVE:FEOGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 18,000 shares traded.

Oceanic Iron Ore Price Performance

The company has a debt-to-equity ratio of 8.66, a current ratio of 0.26 and a quick ratio of 0.43. The company’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.07. The stock has a market cap of C$10.95 million, a price-to-earnings ratio of -6.50 and a beta of 1.13.

Oceanic Iron Ore Company Profile

(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.

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