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Oceanic Iron Ore Corp.

Oceanic Iron Ore Corp.

FEO.V
Oceanic Iron Ore Corp.CA flagToronto Stock Exchange Ventures
0.69
CAD
-0.03
- -
180.44MMarket Cap
Oceanic Iron Ore Corp.
FEO.V
(Toronto Stock Exchange Ventures)

Recent

price

0.69

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.35
-0.77
-0.32
-0.14
-0.12
-0.09
-0.05
-0.03
-0.03
-0.01
-0.05
0.03
-0.01
- -
-0.04
-0.69
-0.48
Basic EPS, GAAP
-0.37
-0.63
-0.16
-0.18
-0.11
-0.11
-0.03
-0.03
-0.01
-0.01
- -
-0.01
-0.01
- -
-0.01
- -
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.44
2.61
2.21
2.02
1.96
1.13
0.94
0.79
0.6
0.44
0.39
0.41
0.39
0.37
0.32
0.04
0.36
Book Value per Share
0.44
2.61
2.21
2.02
1.96
1.13
0.94
0.79
0.6
0.44
0.39
0.41
0.39
0.37
0.32
0.04
0.36
Tangible Book Value per Share
1
7
16
19
20
27
38
46
56
70
93
94
97
103
110
127
198
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
-5
-5
-3
-2
-2
-2
-1
-1
-1
-5
3
-1
- -
-5
-88
-95
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
19
9
4
2
-1
- -
-2
- -
- -
-1
-2
-1
-4
-8
-39
48
Working Capital
- -
- -
- -
- -
2
- -
2
- -
1
2
6
2
3
3
- -
- -
- -
LT Debt
- -
37
38
40
39
40
40
40
40
41
36
40
39
40
36
6
94
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1.47
- -
-1.26
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.12
- -
1.31
- -
- -
-189.12
Return on Capital (%)
-56.77
-28.52
-13.08
-6.73
-6.15
-5.89
-4.39
-3.42
-3.63
-2.07
-11.9
8.1
-2.68
0.13
-12.32
-420.75
-163.16
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
39
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
154
261
261
Market Capitalization
100
227
182

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1
51
50
Cash, Cash Equivalents & STI
1
51
49
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
40
1
2
Payables & Accruals
1
1
2
ST Debt
39
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-16.97%
-84.71%
Free Cash Flow
24.13%
78.43%
-47.67%
Net Income, GAAP
-743.73%
-1,560.28%
1,770.74%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.02
-0.03
- -
-0.04
2025
-0.06
-0.07
-0.72
- -
-0.69
2026
-0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Oceanic Iron Ore Corp. is a Vancouver-based iron ore development company focused on advancing its 100%-owned Hopes Advance project in Québec’s Labrador Trough, with additional iron ore development interests at Morgan Lake and Roberts Lake. The company was founded in 1986 and maintains its head office in Vancouver, British Columbia. Oceanic’s core business is the exploration and development of large-scale iron ore assets; its principal project, Hopes Advance, is described as a tidewater deposit with no rail requirement and a substantial mineral resource base of about 1.4 billion tonnes, supporting potential production of high-purity iron ore concentrate for low-emission steelmaking. The company targets the development of blast furnace and direct reduction iron products, supported by metallurgical testwork indicating strong iron recovery and direct reduction concentrate potential. The company’s recent activities have centered on permitting, technical optimization, and corporate staffing. In July 2026, Oceanic resumed and updated its Environmental and Social Impact Assessment at Hopes Advance, advancing baseline studies for terrestrial, marine, and human environments to support permitting. In September 2026, it appointed Pierre-Philippe Dupont as Senior Vice President External Affairs and ESG to lead external affairs, permitting, stakeholder engagement, and sustainability initiatives. In earlier 2026, it closed a $50 million equity financing, engaged investor relations advisors, and appointed Ashley Kates as Chief Financial Officer and Corporate Secretary, reflecting a broader strengthening of its capital markets and corporate development functions. Oceanic operates in the iron ore mining and development sector and emphasizes collaboration with the Inuit of Nunavik, the Québec government, and other stakeholders in northern Québec. Its leadership team combines mining, finance, and project-development experience, and the company is led from Vancouver while pursuing project advancement in Canada’s Labrador Trough region.