Black Iron Inc. (TSE:BKI – Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.12 and traded as low as C$0.11. Black Iron shares last traded at C$0.11, with a volume of 104,205 shares traded.
Black Iron Stock Up 4.5%
The company has a market cap of C$38.22 million, a price-to-earnings ratio of -10.50 and a beta of 2.33. The company has a current ratio of 0.07, a quick ratio of 2.76 and a debt-to-equity ratio of -11.52. The firm’s fifty day moving average price is C$0.11 and its 200-day moving average price is C$0.12.
About Black Iron
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.
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