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Company price
0.64 CAD 0.03 ( 4.92%)
Last update at 2026-11-04T19:42:00Z
VOLUME
11503
Market Cap
164.72M

Momentum Score

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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.

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Day Price Range
0.64
Low
0.64
High
52 Week Price Range
0.16
Low
1.15
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Oceanic Iron Ore Corp (FEO.V) appears to be an exploration-stage company focused on iron ore projects with limited public disclosure. Long-term growth drivers may include successful exploration results, advancement of projects toward development, and global steel demand that could support iron ore prices, providing leveraged exposure to commodity upside for investors seeking exploration-stage opportunities.

The principal investment risks are high exploration and development uncertainty, ongoing need for external financing, material commodity-price volatility and potential permitting or jurisdictional challenges.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.61
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.02M
Debt / Equity
-
ROE
-3.15%
Net Debt
7.70M
ROCE
-1.93%
Diluted EPS TTM
-0.82

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -4.68M 0.05M -1.06M 3.10M -4.58M
Net income -4.68M 0.05M -1.06M 3.10M -4.58M
Selling general administrative 0.67M 0.54M 0.58M 0.62M 0.78M
Ebit - - -0.56M -0.60M -0.76M
Ebitda - - -0.61M 3.46M -4.35M
Operating income -0.70M -0.57M -0.58M -0.62M -0.78M
Interest expense 0.70M 0.54M 0.45M 0.36M 0.23M
Net interest income -0.70M -0.54M -0.45M -0.36M -0.23M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.70M 0.57M 0.58M 0.62M 0.78M
Total other income expense net -3.27M 1.16M -0.02M 4.08M -3.57M
Net income from continuing ops -4.68M 0.05M -1.06M 3.10M -4.58M
Net income applicable to common shares - - -1.06M 3.10M -4.58M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 46.34M 44.74M 44.85M 44.22M 43.66M
Total liab 10.26M 4.91M 5.65M 4.25M 7.20M
Total stockholder equity 36.08M 39.83M 39.21M 39.98M 36.47M
Other current liab - - 0.37M 0.21M 0.45M
Common stock - - 61.89M 61.63M 61.32M
Capital stock 63.16M 62.37M 61.89M 61.63M 61.32M
Retained earnings -38.55M -33.87M -33.92M -32.86M -35.96M
Other liab - - 0.42M 0.42M 0.43M
Cash 1.42M 0.27M 0.66M 0.29M 0.05M
Total current liabilities 9.85M 1.13M 1.79M 1.88M 1.22M
Net debt 7.70M 3.18M 3.85M 2.81M 5.50M
Short long term debt 9.13M 0.09M 1.08M 1.16M -
Other stockholder equity - - 11.24M 11.21M 11.11M
Property plant equipment - - 44.18M 43.91M 43.61M
Total current assets 1.44M 0.29M 0.68M 0.31M 0.06M
Net tangible assets - - 39.21M 39.98M 36.47M
Net receivables 0.02M 0.01M 0.01M 0.00M 0.00M
Long term debt - 3.36M 3.43M 1.94M 5.55M
Accounts payable 0.26M 0.34M 0.35M 0.30M 0.35M
Non current assets total 44.90M 44.45M 44.18M 43.91M 43.61M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.25M -0.09M -0.06M -0.11M -0.09M
Change to liabilities - - -0.04M -0.05M 0.08M
Total cashflows from investing activities - - -0.06M -0.11M -0.09M
Net borrowings 2.38M 0.00M 1.22M 1.56M 1.56M
Total cash from financing activities 2.20M -0.07M 1.05M 1.18M -0.14M
Change to operating activities - - -0.05M -0.26M 0.22M
Net income -4.68M 0.05M -1.06M 3.10M -4.58M
Change in cash 1.15M -0.39M 0.37M 0.25M -0.38M
Begin period cash flow 0.27M 0.66M 0.29M 0.05M 0.42M
End period cash flow 1.42M 0.27M 0.66M 0.29M 0.05M
Total cash from operating activities -0.80M -0.23M -0.62M -0.82M -0.15M
Dividends paid - 0.00M 0.00M 0.00M 0.00M
Change to account receivables - - -0.00M -0.00M 0.02M
Other cashflows from financing activities - - -0.17M -0.38M -0.14M
Change to netincome - - 0.53M -3.62M 4.11M
Capital expenditures 0.25M 0.09M 0.06M 0.11M 0.09M
Change in working capital -0.26M 0.23M -0.09M -0.30M 0.31M
Stock based compensation 0.17M 0.11M 0.05M 0.11M 0.31M
Other non cash items 0.70M 0.54M 0.45M 0.36M 0.23M
Free cash flow -1.05M -0.32M -0.68M -0.93M -0.24M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FEO
Oceanic Iron Ore Corp
0.03
4.92%
0.64 - 10.45 17.62 5.51 9.05 10.78
SGML
Sigma Lithium Resources Corp
0.10
1.28%
7.91 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
0.03
2.00%
1.27 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd
0.11
5.76%
2.02 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 - -7.01

Profile*

Oceanic Iron Ore Corp

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.

Three Bentall Centre, Vancouver, BC, Canada, V7X 1L3

604 566 9080

Name Title Year Born
Mr. Steven Graham Dean A.U.S.I.M.M., C.I.M., F.C.A. Exec. Chairman 1960
Mr. Bing Pan Interim Chief Exec. Officer NA
Mr. Christopher Ross Batalha Corp. Sec. & CFO NA
Mr. Eddy Canova B.Sc. P. Geo Director of Exploration NA
Mr. Irfan Shariff Advisor NA
Mr. Gerrie van der Westhuizen CA CFO & Corporate Secretary NA
Mr. Christopher Ross Batalha CEO & Executive Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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