Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FEO.V
SELLREMOVEOceanic Iron Ore Corp. · Basic Materials · Canada · $147M · Avg Vol: $65K/d
Oceanic Iron Ore is a Canadian exploration-stage mining company. It has no operating revenues, high capital requirements, and is highly speculative. We do not own pre-revenue commodity cyclicals, making this an automatic reject under the Terry Smith and Warren Buffett lenses.
COMPANY DESCRIPTION
Oceanic Iron Ore Corp. is a Canadian exploration and development company focused on its 100%-owned Ungava Bay iron ore properties in Nunavik, Quebec. The company's competitive advantage is its massive resource base of high-grade, low-impurity iron ore, which is highly sought after for low-carbon steelmaking. Its strategic coastal location provides direct access to deep-water shipping lanes, offering a logistical advantage for global export markets.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | — |
| EPS | -0.01 | 0.00 | -0.03 | -0.50 | — |
| Shares | 100M | 107M | 114M | 154M | +54.0% |
| Debt | 3M | 2M | 7M | 29M | 106.0% |
| Equity | 28M | 29M | 26M | 4M | -48.0% |
| Op CF | -448,740 | -167,399 | -577,584 | -302,273 | — |
| Inv CF | -45,089 | -63,140 | -181,653 | -144,880 | — |
| Fin CF | 761,560 | -54,320 | 2M | 83,009 | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of FEO.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FEO.V | Oceanic Iron Ore Corp.(you) | $147M | 22 | SELL |
| GRO | Brazil Potash Corp. | $152M | 20 | SELL |
| GENM.TO | Generation Mining Limited | $150M | 19 | STRONG SELL |
| SCMI.V | Selkirk Copper Mines Inc. | $176M | 23 | SELL |
| FPX.V | FPX Nickel Corp. | $113M | 23 | SELL |
| FURY.TO | Fury Gold Mines Limited | $109M | 20 | SELL |
| HHH.V | Helius Minerals Limited | $172M | 26 | SELL |
| NILI.V | Surge Battery Metals Inc. | $128M | 17 | STRONG SELL |
| MOG.V | Mogotes Metals Inc. | $205M | 20 | SELL |
| AGX.V | Silver X Mining Corp. | $156M | 13 | STRONG SELL |
Peer medians: ROE -12.4% · P/E 15.3x · Gross margin 0.0%