Shares of Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) fell 16.7% on Friday . The company traded as low as C$0.05 and last traded at C$0.05. 1,201,846 shares changed hands during mid-day trading, an increase of 1,482% from the average session volume of 75,976 shares. The stock had previously closed at C$0.06.
Oceanic Iron Ore Trading Down 16.7 %
The stock has a market capitalization of C$5.40 million, a P/E ratio of -6.50 and a beta of 1.10. The stock has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The company has a debt-to-equity ratio of 8.51, a quick ratio of 0.43 and a current ratio of 0.21.
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.
Featured Stories
- Five stocks we like better than Oceanic Iron Ore
- 3 Grocery Stocks That Are Proving They Are Still Essential
- MarketBeat Week in Review – 4/22 – 4/26
- 3 Fintech Stocks With Good 2021 Prospects
- 3 Stocks Leading the U.S. Agriculture Comeback
- How to Calculate Return on Investment (ROI)
- How to Use Put Debit Spreads to Profit From Falling Stocks
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.
