Oceanic Iron Ore Corp: Focus on Ungava Bay Iron Properties

Oceanic Iron Ore Corp, a company operating within the materials sector, is making significant strides in the development of its Ungava Bay Iron properties. Based in Vancouver, Canada, the company is actively working on three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. These projects are strategically located along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec.

As of June 24, 2025, Oceanic Iron Ore Corp’s close price stood at 0.21 CAD, with a market capitalization of 26,640,000 CAD. The company’s stock has experienced fluctuations over the past year, reaching a 52-week high of 0.33 CAD on October 28, 2024, and a low of 0.08 CAD on September 10, 2024. The price-to-earnings ratio is currently at -1.83, reflecting the company’s ongoing development phase and the speculative nature of its operations.

Oceanic Iron Ore Corp is listed on the TSX Venture Exchange, providing investors with a platform to engage with the company’s growth potential. For more detailed information about the company’s initiatives and projects, stakeholders are encouraged to visit their website at www.oceanicironore.com .

The company’s focus on the Ungava Bay Iron properties highlights its commitment to expanding its resource base and enhancing its position within the metals and mining industry. As Oceanic Iron Ore Corp continues to develop these projects, it remains a key player in the exploration and development of iron ore resources in Canada.