4 hours Ago By ABMN Staff
Oceanic Iron Ore Corp. ( CVE:FEO – Get Free Report )’s share price was down 22.2% during mid-day trading on Saturday .
The company traded as low as C$0.18 and last traded at C$0.18.
Approximately 110,530 shares traded 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 Stock Performance The firm’s 50 day moving average is C$0.18 and its 200 day moving average is C$0.14.
The company has a debt-to-equity ratio of 15.79, a quick ratio of 0.43 and a current ratio of 0.
03. The stock has a market cap of C$19.26 million, a P/E ratio of -8.
75 and a beta of 0.99. Insider Transactions at Oceanic Iron Ore In other news, Director Gordon Keep sold 355,000 shares of the business’s stock in a transaction dated Tuesday, October 29th.
The stock was sold at an average price of C$0.27, for a total transaction of C$95,850.00.
Also, Director Christopher Ross Batalha acquired 700,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average price of C$0.18 per share, for a total transaction of C$126,000.
00. Over the last three months, insiders have sold 494,500 shares of company stock valued at $129,248. Corporate insiders own 107.
26% of the company’s stock. 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. Read More 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.com's FREE daily email newsletter .
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