Black Iron Inc. (TSE:BKI – Get Free Report)’s stock price crossed 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 traded.
Black Iron Stock Up 3.0 %
The stock has a market capitalization of C$51.70 million, a P/E ratio of -17.00 and a beta of 1.52. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.76 and a current ratio of 0.40. The firm’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.08.
Insider Buying and Selling at Black Iron
In other Black Iron news, insider RAB Capital Holdings Limited sold 750,000 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of C$0.19, for a total transaction of C$144,975.00. Insiders sold a total of 2,271,000 shares of company stock worth $421,155 over the last three months. Corporate insiders own 2.14% of the company’s stock.
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.
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