Oceanic Iron Ore Corp. (CVE:FEO) Director Steven Dean Buys 500,000 Shares

Oceanic Iron Ore Corp. (CVE:FEO - Get Free Report) Director Steven Dean purchased 500,000 shares of the business's stock in a transaction dated Friday, April 26th. The shares were purchased at an average price of C$0.05 per share, for a total transaction of C$25,000.00.

Oceanic Iron Ore Stock Up 30.0 %

FEO stock opened at C$0.07 on Tuesday. Oceanic Iron Ore Corp. has a 52-week low of C$0.05 and a 52-week high of C$0.09. The company's 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.06. The company has a debt-to-equity ratio of 8.51, a current ratio of 0.21 and a quick ratio of 0.43. The firm has a market capitalization of C$7.02 million, a P/E ratio of -6.50 and a beta of 1.10.

Oceanic Iron Ore Company Profile

(Get Free Report)

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.

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