Black Iron Inc. (TSE:BKI – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.06 and traded as high as C$0.12. Black Iron shares last traded at C$0.12, with a volume of 254,053 shares changing hands.
Black Iron Trading Up 9.5 %
The stock has a market capitalization of C$34.97 million, a price-to-earnings ratio of -11.50 and a beta of 1.52. The business has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.76 and a current ratio of 0.40.
Black Iron Company Profile
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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