Shares of Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report) traded up 34% during trading on Friday . The company traded as high as C$0.35 and last traded at C$0.34. 850,047 shares changed hands during trading, an increase of 686% from the average session volume of 108,122 shares. The stock had previously closed at C$0.25.
Oceanic Iron Ore Stock Performance
The stock has a market cap of C$36.88 million, a price-to-earnings ratio of -16.75 and a beta of 0.99. The firm’s 50-day moving average is C$0.21 and its two-hundred day moving average is C$0.19. The company has a current ratio of 0.03, a quick ratio of 0.43 and a debt-to-equity ratio of 15.79.
Insider Buying and Selling
In other news, insider Frank…