Oceanic Iron Ore (FEO) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Pacific Harbour Capital Ltd. and changed its name to Oceanic Iron Ore Corp. in November 2010. Oceanic Iron Ore Corp. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.67 to C$0.70
• 50-Day Range: C$0.61 to C$0.84
• 52-Week Range: C$0.58 to C$1.10
• Volume: 48,507 shs
• Average Volume: 113,468 shs
• Market Capitalization: C$175.21 million
• P/E Ratio: N/A
• Dividend Yield: 0.31%
• Price Target: C$1.73
• Consensus Rating: Buy

Oceanic Iron Ore Stock Analysis - MarketRank™

Oceanic Iron Ore scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Oceanic Iron Ore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 3 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Oceanic Iron Ore has a consensus price target of C$1.73, representing about 158.7% upside from its current price of C$0.67.

Amount of Analyst Coverage

Oceanic Iron Ore has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Oceanic Iron Ore is -1.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Oceanic Iron Ore is -1.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Oceanic Iron Ore has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FEO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Oceanic Iron Ore has a dividend yield of 0.31%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Oceanic Iron Ore does not have a long track record of dividend growth.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: -0.13

News Sentiment

Oceanic Iron Ore has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Oceanic Iron Ore this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Oceanic Iron Ore insiders have not sold or bought any company stock.

Percentage Held by Insiders

9.00% of the stock of Oceanic Iron Ore is held by insiders.

Percentage Held by Institutions

0.02% of the stock of Oceanic Iron Ore is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: CVE:FEO
• CIK: N/A
• Web: oceanicironore.com
• Phone: +1-604-5669080
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Oceanic Iron Ore: C$1.73
• High Price Target: C$2.00
• Low Price Target: C$1.50
• Potential Upside/Downside: +158.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.66)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$2.29 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -6.02%
• Return on Assets: -0.79%

Debt

• Debt-to-Equity Ratio: 15.79
• Current Ratio: 0.03
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.05 per share
• Price / Cash Flow: 13.57
• Book Value: C$0.34 per share
• Price / Book: 1.97

Miscellaneous

• Outstanding Shares: 261,511,000
• Free Float: N/A
• Market Cap: C$175.21 million
• Optionable: Not Optionable
• Beta: 3.01