Insider Selling: Oceanic Iron Ore Corp. (CVE:FEO) Director Sells 44,500 Shares of Stock

Oceanic Iron Ore Corp. (CVE:FEO) Director Gordon Keep sold 44,500 shares of Oceanic Iron Ore stock in a transaction that occurred on 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 shares were sold at an average price of C$0.24, for a total transaction 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 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 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 value of C$10,800.00.

Oceanic Iron Ore Trading Down 7.8 %

Shares of CVE:FEO traded down C$0.02 during trading on Tuesday, hitting C$0.24. The company had a trading volume of 35,000 shares, compared to its average volume of 157,868. The stock has a market cap of C$25.87 million, a price-to-earnings ratio of -11.75 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. The company has a fifty day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.14. Oceanic Iron Ore Corp. has a one year low of C$0.05 and a one year 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.