Gordon Keep Sells 60,000 Shares of Oceanic Iron Ore Corp. (CVE:FEO) Stock

Oceanic Iron Ore Corp. (CVE:FEO - Get Free Report) Director Gordon Keep sold 60,000 shares of the firm's stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of C$0.18, for a total transaction 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 Down 2.8 %

Shares of CVE:FEO opened at C$0.18 on Friday. The stock's 50-day moving average is C$0.12 and its 200 day moving average is C$0.09. The company has a market cap of C$19.26 million, a PE ratio of -8.75 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. Oceanic Iron Ore Corp. has a 1 year low of C$0.05 and a 1 year high of C$0.18.

Oceanic Iron Ore (CVE:FEO - Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter. Sell-side analysts anticipate that Oceanic Iron Ore Corp. will post -0.06 EPS for the current year.

Oceanic Iron Ore Company Profile

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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.

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