Oceanic Iron Ore Corp, a company operating within the materials sector, is actively engaged in the development of the Ungava Bay Iron properties. These properties, situated along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec, encompass three distinct project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The company’s operations are based in Vancouver, Canada, and it is listed on the TSX Venture Exchange.
As of October 7, 2025, Oceanic Iron Ore Corp’s close price was recorded at CAD 1.01. The company’s stock has experienced significant volatility over the past year, with a 52-week high of CAD 1.15 on October 2, 2025, and a 52-week low of CAD 0.13 on January 7, 2025. The market capitalization of Oceanic Iron Ore Corp stands at CAD 138,730,000.
The company’s financial metrics indicate a price-to-earnings ratio of -5.963, reflecting its current earnings status. Despite the negative P/E ratio, Oceanic Iron Ore Corp continues to focus on the development of its iron ore properties, which are strategically located in a region known for its rich mineral deposits.
For stakeholders and interested parties seeking further information, Oceanic Iron Ore Corp maintains an online presence through its website, www.oceanicironore.com , where updates on its projects and initiatives are regularly posted. The company’s commitment to advancing its operations in the Ungava Bay Iron properties underscores its strategic focus within the metals and mining industry.