Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23, with a volume of 131022 shares changing hands. The stock had previously closed at C$0.22.
Oceanic Iron Ore Price Performance
The stock has a market cap of C$35.23 million, a P/E ratio of -11.25 and a beta of 0.99. 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 company’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.10.
Oceanic Iron Ore (CVE:FEO – Get Free Report) last announced its quarterly earnings results on Thursday, August 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, sell-side analysts forecast that Oceanic Iron Ore Corp. will post -0.06 EPS for the current year.
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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