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Insider Selling: Black Iron Inc. (TSE:BKI) Insider Sells 1,000,000 Shares of Stock

Black Iron logo with Basic Materials background

Black Iron Inc. (TSE:BKI - Get Free Report) insider RAB Capital Holdings Limited sold 1,000,000 shares of the business's stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$0.18, for a total value of C$182,500.00.

Black Iron Stock Performance

Shares of BKI stock traded down C$0.05 on Monday, reaching C$0.15. The stock had a trading volume of 2,752,390 shares, compared to its average volume of 987,038. The company has a quick ratio of 2.76, a current ratio of 0.40 and a debt-to-equity ratio of 0.71. Black Iron Inc. has a 12 month low of C$0.04 and a 12 month high of C$0.20. The firm has a market capitalization of C$45.62 million, a price-to-earnings ratio of -15.00 and a beta of 1.52. The firm's 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.07.

Black Iron Company Profile

(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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