Gordon Keep Sells 70,000 Shares of Oceanic Iron Ore Corp. (CVE:FEO) Stock

Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep sold 70,000 shares of Oceanic Iron Ore stock in a transaction 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 stock was sold at an average price of C$0.16, for a total transaction of C$5,034.24.

Oceanic Iron Ore Price Performance

FEO opened at C$0.23 on Thursday. 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 company has a market capitalization of C$24.77 million, a price-to-earnings ratio of -11.25 and a beta of 0.99. The firm’s fifty day moving average price is C$0.15 and its two-hundred day moving average price is C$0.11. Oceanic Iron Ore Corp. has a 1 year low of C$0.05 and a 1 year high of C$0.33.

Oceanic Iron Ore (CVE:FEO) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Oceanic Iron Ore Corp. will post -0.06 earnings per share 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.