Stock

Oceanic Iron Ore

FEOVF

Industrial Materials · Basic Materials

Price

$0.60

+0.05 (+9.39%)

Market Cap

$156.8M

Exchange

Other OTC

Winston Score

–

No score yet — Winston is napping.

We couldn’t gather enough financial data to score this stock reliably.

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§Winston Score History

The full picture

Oceanic Iron Ore Corp. is a Canadian mining exploration company focused on developing iron ore deposits in the Ungava Bay region of northern Quebec. The company's main asset is the Hopes Advance Bay project, one of the largest undeveloped iron ore deposits in Canada. It does not currently produce or sell iron ore — it is still in the exploration and development stage.

Because the company has no operating mines yet, it does not generate revenue from product sales. It funds its activities by raising money from investors through stock offerings. Oceanic Iron Ore is a small company with significant iron ore resources on paper, but turning those resources into a working mine requires billions of dollars in infrastructure and development spending. The key challenge ahead is securing the financing and permits needed to move toward production, while iron ore prices and market conditions will heavily influence whether the project becomes economically viable.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

+96.5% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

C$0/ year

Research and development spending

Insider Activity

51.1%ownership

Insiders own a meaningful stake in the company

Cash Runway

5+ years

Quarterly Free Cash Flow

→ Burn rate stable

C$49M cash & investments at current burn rate

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

−0.6% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 127.7M (2021) → 127.0M (2025)

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale

Gross Margin

N/A

—

Data not available

Profit after running costs

Operating Margin

N/A

—

Data not available

Return on the money invested

ROCE

-2.5%

Weak — -2.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth

Sales YoY

N/A

—

Data not available

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

N/A

—

Data not available

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Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

N/A

Data not available

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Valuation

Price vs profit

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

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Dividends

Not applicable for this business.

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