Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep Sells 44,500 Shares

Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep sold 44,500 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of C$0.26, for a total value of C$11,347.50.

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

• On Tuesday, November 5th, Gordon Keep sold 70,000 shares of Oceanic Iron Ore stock. The stock was sold at an average price of C$0.24, for a total value of C$16,800.00.
• 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 value of C$95,850.00.
• On Thursday, October 24th, Gordon Keep sold 25,000 shares of Oceanic Iron Ore stock. The stock was sold at an average price of C$0.21, for a total value of C$5,250.00.
• On Friday, October 18th, Gordon Keep sold 60,000 shares of Oceanic Iron Ore stock. The stock was sold at an average price of C$0.18, for a total transaction of C$10,800.00.

Oceanic Iron Ore Stock Performance

FEO opened at C$0.24 on Wednesday. The company has a market cap of C$25.87 million, a price-to-earnings ratio of -11.75 and a beta of 0.99. The firm’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.14. The company has a quick ratio of 0.43, a current ratio of 0.03 and a debt-to-equity ratio of 15.79. Oceanic Iron Ore Corp. has a 52-week low of C$0.05 and a 52-week high of C$0.33.

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.