4 hours Ago By ABMN Staff
Oceanic Iron Ore Corp. ( CVE:FEO – Get Free Report ) shares were down 22.2% on Saturday .
The stock traded as low as C$0.18 and last traded at C$0.18.
Approximately 110,530 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 151,612 shares. The stock had previously closed at C$0.23.
Oceanic Iron Ore Trading Down 22.2 % The business has a 50 day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.
14. The company has a current ratio of 0.03, a quick ratio of 0.
43 and a debt-to-equity ratio of 15.79. The company has a market cap of C$19.
26 million, a PE ratio of -8.75 and a beta of 0.99.
Insider Buying and Selling at Oceanic Iron Ore In other Oceanic Iron Ore news, Director Christopher Ross Batalha bought 700,000 shares of Oceanic Iron Ore stock in a transaction that occurred on Friday, November 22nd. The shares were acquired at an average price of C$0.18 per share, for a total transaction of C$126,000.
00. Also, Director Gordon Keep sold 355,000 shares of the stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of C$0.
27, for a total value of C$95,850.00. Insiders sold 494,500 shares of company stock worth $129,248 in the last 90 days.
107.26% of the stock is owned by company insiders. Oceanic Iron Ore Company Profile Oceanic Iron Ore Corp.
, an exploration stage company, acquires and explores for iron ore properties in Quebec, Canada. It holds a 100% interest in the Ungava Bay iron property comprising three project areas, including Hopes Advance, Morgan Lake, and Roberts Lake, which covers an area of approximately 35,999 hectares of iron formation located in Nunavik, Quebec. Featured Articles Receive News & Ratings for Oceanic Iron Ore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceanic Iron Ore and related companies with MarketBeat.
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