Oceanic Iron Ore Corp. (CVE:FEO) Director Sells C$16,800.00 in Stock

Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep sold 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of C$0.24, for a total transaction of C$16,800.00.

Gordon Keep also recently made the following trade(s):

• On Tuesday, October 29th, Gordon Keep sold 355,000 shares of Oceanic Iron Ore stock. The shares were sold at an average price of C$0.27, for a total transaction of C$95,850.00.
• On Thursday, October 24th, Gordon Keep sold 25,000 shares of Oceanic Iron Ore stock. The shares were sold at an average price of C$0.21, for a total transaction of C$5,250.00.
• On Friday, October 18th, Gordon Keep sold 60,000 shares of Oceanic Iron Ore stock. The shares were sold at an average price of C$0.18, for a total transaction of C$10,800.00.
• On Friday, October 11th, Gordon Keep sold 31,464 shares of Oceanic Iron Ore stock. The shares were sold at an average price of C$0.16, for a total transaction of C$5,034.24.

Oceanic Iron Ore Stock Up 4.3 %

Shares of FEO opened at C$0.24 on Wednesday. Oceanic Iron Ore Corp. has a one year low of C$0.05 and a one year high of C$0.33. The company has a market cap of C$26.42 million, a P/E ratio of -12.00 and a beta of 0.99. The company has a debt-to-equity ratio of 15.79, a current ratio of 0.03 and a quick ratio of 0.43. The firm has a 50 day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.11.

Oceanic Iron Ore (CVE:FEO) last announced its quarterly earnings data on Thursday, August 22nd. The company reported C($0.02) EPS for the quarter. Research analysts forecast that Oceanic Iron Ore Corp. will post -0.06 EPS for the current fiscal year.

About Oceanic Iron Ore

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.