ferro iron ore corp (RRO:Venture)
ferro iron ore corp (RRO) Snapshot
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Open
C$0.07
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Previous Close
C$0.07
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Day High
C$0.07
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Day Low
C$0.07
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52 Week High
10/9/12 - C$0.20
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52 Week Low
05/13/13 - C$0.04
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Market Cap
608.0K
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Average Volume 10 Days
9.4K
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EPS TTM
C$-0.19
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Shares Outstanding
8.7M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
ferro iron ore corp (RRO) Related Businessweek News
No Related Businessweek News Foundferro iron ore corp (RRO) Details
Ferro Iron Ore corporation focuses on the investment and development of iron ore properties. As of September 25, 2012, it owned 51% interest in the Ironhorse property consisting of 19 tenures covering an area of approximately 7,787.3 hectares located in the Skeena and Liard Mining Divisions of British Columbia, Canada. The company was formerly known as Galena Capital Corporation and changed its name to Ferro Iron Ore corporation in September 2012. Ferro Iron Ore corporation was incorporated in 2006 and is based in Vancouver, Canada.
ferro iron ore corp (RRO) Key Developments
Ferro Iron Ore corporation reported the appointment of Alastair Neill as Chief Executive Officer, effective immediately. Alastair Neill is the former VP/GM, Rare Earth Division and VP Business Development for AMR (now Molycorp Inc.) and Executive Vice President of Dacha Strategic Metals Inc. Neill is expert in rare earth elements and he has over 15 years of experience in the resources sector.
Ferro Iron Ore corporation filed its Annual on Apr 09, 2013 for the period ending Dec 31, 2012. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Ferro Iron Ore corporation announced the appointment of Paul Bozoki as Chief Financial Officer, Neil Said as Corporate Secretary and the addition of George Faught, Chirvani Abdoullaev and Alastair Neil to the company's Board of Directors, effective immediately. Mr. Bozoki is a Chartered Accountant, holds an MBA and has over fifteen years of accounting, tax and corporate finance experience. Since October 2010, Mr. Bozoki has served as Chief Financial Officer of Black Iron Inc. In addition, from March 1, 2012, Mr. Bozoki has served as Chief Financial Officer of Cap-Ex Ventures Ltd. Mr. Said is a corporate securities lawyer who works as a legal consultant to various TSX and TSX Venture listed companies in the mining and oil & gas industries. He previously worked as a securities lawyer at a large Toronto corporate law firm, where he worked on a variety of corporate and commercial transactions. Mr. Said obtained a Juris Doctor from the Faculty of Law at the University of Toronto. The appointments of Mr. Bozoki and Mr. Said follow the resignation of Mr. Mark Lotz as Chief Financial Officer and Corporate Secretary. George Faught is a chartered accountant with over 25 years of senior management experience. He currently serves as a director of a number of public companies in the resource sector and has worked as an officer of publicly traded companies in the natural resources sector including Aberdeen International Inc., North American Palladium Ltd., Hudson Bay Mining & Smelting Co. Ltd., and William Resources Inc. Alastair Neill is the former VP/GM, Rare Earth Division and VP Business Development for AMR and Executive Vice President of Dacha Strategic Metals Inc. Chirvani Abdoullaev worked for the Ministry of Natural Gas in the Soviet Union in Kazakhstan, Uzbekistan, Yakutia, Turkmenistan and for the Bulgarian National Oil Company. Mr. Abdoullaev also spent two years in the Canadian oil patch as a geophysicist with Seis-Pro & Consultants until its acquisition by Schlumberger.
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| RRO:CN | C$0.07 CAD | 0.00 | |
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Industry Analysis
RRO
Industry Average
| Valuation | RRO | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact FERRO IRON ORE CORP, please visit www.ferroironore.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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