Oceanic Iron Ore Corp. (CVE:FEO) Director Sells C$10,800.00 in Stock

Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of C$0.18, for a total value of C$10,800.00.

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

• 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 Performance

CVE FEO opened at C$0.18 on Monday. The stock has a market capitalization of C$19.26 million, a price-to-earnings ratio of -8.75 and a beta of 0.99. Oceanic Iron Ore Corp. has a twelve month low of C$0.05 and a twelve month high of C$0.18. The stock has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.09. The company has a current ratio of 0.03, a quick ratio of 0.43 and a debt-to-equity ratio of 15.79.

Oceanic Iron Ore (CVE:FEO) last released its quarterly earnings results on Thursday, August 22nd. The company reported C($0.02) earnings per share for the quarter. Sell-side analysts anticipate 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.