Oceanic Iron Ore Corp. (CVE:FEO) Director Sells C$11,347.50 in Stock

Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep sold 44,500 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was 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 shares were 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 stock was 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 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.

Oceanic Iron Ore Price Performance

Shares of Oceanic Iron Ore stock opened at C$0.23 on Friday. The firm has a market cap of C$24.77 million, a P/E ratio of -11.25 and a beta of 0.99. The firm’s 50-day simple moving average is C$0.18 and its 200-day simple moving average is C$0.14. Oceanic Iron Ore Corp. has a twelve month low of C$0.05 and a twelve month high of C$0.33. The company has a debt-to-equity ratio of 15.79, a quick ratio of 0.43 and a current ratio of 0.03.

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.