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Oceanic Iron Ore keeps sliding, down 13.0% in 3 days February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Oceanic Iron Ore Corp. (TSXV:FEO) extended its slide on Wednesday, shedding an additional 1.50c (4.8%) to close at 30.0c. The shares have plummeted 4.50c (13.0%) over the past three trading days, compared with the S&P/TSX 60 Index which fell 11.4 points (1.2%) in the three days for a relative price change of -11.8%. The fall was exacerbated by a cumulative 3-day volume of 2.1 times average daily volume of 45,602 shares.

SECTION 1

OCEANIC IRON ORE BE...