Black Iron Inc. (TSE:BKI - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.08 and traded as high as C$0.17. Black Iron shares last traded at C$0.17, with a volume of 350,150 shares trading hands.
Black Iron Stock Performance
The firm's 50 day simple moving average is C$0.13 and its 200 day simple moving average is C$0.08. The firm has a market cap of C$56.26 million, a PE ratio of -18.50 and a beta of 1.52. The company has a current ratio of 0.40, a quick ratio of 2.76 and a debt-to-equity ratio of 0.71.
Insider Buying and Selling
In related news, insider RAB Capital Holdings Limited sold 422,000 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of C$0.17, for a total value of C$72,584.00. Over the last three months, insiders have sold 2,693,000 shares of company stock worth $493,739. Corporate insiders own 2.14% of the company's stock.
Black Iron Company Profile
(
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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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