Oceanic Iron Ore Corp., an exploration stage company, engages in the acquisition and exploration of iron ore properties in Québec, Canada. It holds a 100% interest in the Ungava Bay iron property comprising three project areas, including Hopes Advance, Morgan Lake, and Roberts Lake with 861 claim cells covering an area of approximately 36,040 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.
Metrics to compare | FEO | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipFEOPeersSector | |
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P/E Ratio | −3.6x | −7.8x | 2.2x | |
PEG Ratio | 0.00 | −0.01 | 0.00 | |
Price/Book | 1.3x | 2.8x | 1.6x | |
Price / LTM Sales | - | −514.9x | 1.3x | |
Upside (Analyst Target) | - | 145.2% | 20.0% | |
Fair Value Upside | Unlock | −18.7% | 2.4% | Unlock |