Shares of Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) rose 17.1% during trading on Saturday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 26,550 shares were traded during trading, a decline of 73% from the average daily volume of 99,526 shares. The stock had previously closed at C$0.18.
Oceanic Iron Ore Trading Up 17.1 %
The company has a quick ratio of 0.43, a current ratio of 0.03 and a debt-to-equity ratio of 15.79. The stock has a market cap of C$22.57 million, a PE ratio of -10.25 and a beta of 0.99. The business’s fifty day moving average is C$0.19 and its 200 day moving average is C$0.16.
Insider Activity
In other news, Director Christopher Ross Batalha acquired 700,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was acquired at an average price of C$0.18 per share, with a total value of C$126,000.00. Company insiders own 107.26% of the company’s stock.
Oceanic Iron Ore Company Profile
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.
See Also
- Five stocks we like better than Oceanic Iron Ore
- High Flyers: 3 Natural Gas Stocks for March 2022
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- How to Profit From Value Investing
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- Do ETFs Pay Dividends? What You Need to Know
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
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.
