Oceanic Iron Ore Corp
FEO.CA
$0.04
Closing
0.00
1D
0.00
YTD
Market cap
$4.81M
52 week high
$0.06
52 week low
$0.04
Volume
95,000
Check if the stock is halal
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Market cap
$4.81M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
25.75
Operating Margin
0.00%
Beta
1.13
Revenue Growth (Annual)
-
52 week high
$0.06
52 week low
$0.04
Div. Yield
%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Oceanic Iron Ore Corp. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The Company is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec. The properties comprise three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The properties cover over approximately 35,999 hectares of iron formation and are located within 20-50 kilometer of tidewater. These properties comprise approximately 3,703 claims which are located over 1,568 square kilometers along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec. The projects cover over 300 kilometers of iron formation.
