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Black Iron Inc. (TSE:BKI) Insider RAB Capital Holdings Limited Sells 130,000 Shares

Black Iron logo with Basic Materials background

Black Iron Inc. (TSE:BKI - Get Free Report) insider RAB Capital Holdings Limited sold 130,000 shares of the company's stock in a transaction that occurred on Monday, January 20th. The stock was sold at an average price of C$0.18, for a total value of C$22,750.00.

RAB Capital Holdings Limited also recently made the following trade(s):

  • On Thursday, January 16th, RAB Capital Holdings Limited sold 140,500 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total value of C$24,587.50.
  • On Monday, January 13th, RAB Capital Holdings Limited sold 750,000 shares of Black Iron stock. The shares were sold at an average price of C$0.19, for a total value of C$144,975.00.
  • On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total value of C$182,500.00.

Black Iron Stock Up 8.8 %

TSE BKI traded up C$0.02 during mid-day trading on Tuesday, reaching C$0.19. 972,419 shares of the company's stock traded hands, compared to its average volume of 745,603. Black Iron Inc. has a 1-year low of C$0.04 and a 1-year high of C$0.20. The company has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.07. The company has a current ratio of 0.40, a quick ratio of 2.76 and a debt-to-equity ratio of 0.71. The company has a market cap of C$56.26 million, a price-to-earnings ratio of -18.50 and a beta of 1.52.

About Black Iron

(Get Free Report)

Black Iron Inc is a Canadian iron ore exploration and development company. The principal activity of the company is the exploration and development of ferrous metals in Ukraine namely the Shymanivske iron ore project located in Kryvyi Rih, Ukraine. The company operates through the development of its Ukrainian mining and exploration permits segment.

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