Oceanic Iron Ore (CVE:FEO) Stock Crosses Above 200-Day Moving Average – What’s Next?

Posted by James Quigley on Jun 5th, 2026

Oceanic Iron Ore Corp. (CVE:FEO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.81 and traded as high as C$0.82. Oceanic Iron Ore shares last traded at C$0.80, with a volume of 240,618 shares traded.

Analyst Upgrades and Downgrades

Separately, Haywood Securities set a C$2.00 target price on shares of Oceanic Iron Ore and gave the stock a “buy” rating in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$2.00.

View Our Latest Stock Analysis on FEO

Oceanic Iron Ore Stock Performance

The business’s 50-day moving average price is C$0.81 and its 200-day moving average price is C$0.81. The company has a debt-to-equity ratio of 15.79, a quick ratio of 0.43 and a current ratio of 0.03. The stock has a market cap of C$208.50 million, a P/E ratio of -1.10 and a beta of 3.06.

Insider Buying and Selling at Oceanic Iron Ore

In other news, Director Jeremy Langford bought 128,500 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of C$0.78 per share, for a total transaction of C$100,230.00. Following the purchase, the director owned 128,500 shares in the company, valued at C$100,230. This represents a ∞ increase in their ownership of the stock. Company insiders own 9.00% of the company’s stock.

About Oceanic Iron Ore

(Get Free Report)

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.