Black Iron (TSE:BKI) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Black Iron Inc. (TSE:BKIGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.13 and traded as high as C$0.13. Black Iron shares last traded at C$0.13, with a volume of 289,488 shares.

Black Iron Price Performance

The stock has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.13. The company has a market capitalization of C$38.28 million, a price-to-earnings ratio of -12.50 and a beta of 2.00.

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. It is located approximately 330 kilometers southeast of Kiev in central Ukraine.

Read More

Receive News & Ratings for Black Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Iron and related companies with MarketBeat.com's FREE daily email newsletter.