Symbolbild · KI-generiert
Oceanic Iron Ore Corp.
Stock factsheet
Company data from public sources (TMX Money, Canadian Securities Exchange, Nasdaq screener, Wikidata); every ISIN is verified against its check digit. Where „—“ appears, no verified value exists — we do not publish unverified identifiers. Market capitalisation is an order of magnitude as of the date shown, not a real-time figure. The size class follows the thresholds in common use (micro < $300m, small < $2bn, mid < $10bn) and is meant as an indication, not a definition.
Company profile
Oceanic is focused on the development of its 100% owned Hopes Advance, Morgan Lake and Roberts Lake iron ore development projects located on the coast in the Labrador Trough in Québec, Canada. Oceanic's flagship Hopes Advance Project has a NI 43-101 measured and indicated mineral resource of approximately 1.36 bn tonnes at a head grade of 32.1%Fe, and enjoys the distinct advantage of being located at tidewater and not being reliant on third parties for key infrastructure such as port, power and especially bulk transportation to port (negating the need for any rail infrastructure). In December 2019, the Company published the results of a preliminary economic assessment (the ' Study ') completed in respect of the flagship Hopes Advance project outlining a base case pre-tax NPV8 of USD$2.4 bn (post-tax NPV8 of USD $1.4 bn) over a 28 year mine life, and a life of mine operating cost of approximately USD $30/tonne, producing a blast furnace concentrate product grading at 66.
Company description as published by the issuer via TMX Money.
Comparable companies
Companies in the Commodities & Mining sector of a similar size.
| Company | Ticker | Exchange | Market cap |
|---|---|---|---|
| Oceanic Iron Ore Corp. | FEO | TSXV | 112 Mio. USD |
| Nations Royalty Corp. | NRC | TSXV | 112 Mio. USD |
| Golconda Gold Ltd. | GG | TSXV | 112 Mio. USD |
| Big Ridge Gold Corp. | BRAU | TSXV | 111 Mio. USD |
| Wallbridge Mining Company Limited | WM | TSX | 111 Mio. USD |
| FLINT Corp. | FLNT | TSX | 113 Mio. USD |
| Scottie Resources Corp. | SCOT | TSXV | 113 Mio. USD |
Investor Relations
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