Black Iron (TSE:BKI) Stock Passes Below 200 Day Moving Average of $0.05

Black Iron Inc. (TSE:BKIGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.05 and traded as low as C$0.05. Black Iron shares last traded at C$0.06, with a volume of 46,027 shares.

Black Iron Price Performance

The company has a debt-to-equity ratio of 0.71, a current ratio of 0.66 and a quick ratio of 2.76. The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$16.73 million, a P/E ratio of -5.50 and a beta of 1.59.

About Black Iron

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Black Iron Inc engages in the exploration and development of ferrous metals in Ukraine. The company holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. Black Iron Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

Further Reading

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