Black Iron Inc. (TSE:BKI – Get Free Report) dropped 11.1% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 107,000 shares traded hands during trading, a decline of 5% from the average daily volume of 113,036 shares. The stock had previously closed at C$0.05.
Black Iron Stock Performance
The company has a current ratio of 0.40, a quick ratio of 2.76 and a debt-to-equity ratio of 0.71. The stock has a market cap of C$12.17 million, a PE ratio of -4.50 and a beta of 1.56. The business’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05.
Black Iron Company Profile
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.
See Also
- Five stocks we like better than Black Iron
- What is a Special Dividend?
- S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Nike’s Post-Earnings Drop Presents a Buying Opportunity
- How to Use the MarketBeat Dividend Calculator
- Microsoft’s Targeted Upside Might Be Too Good to Ignore
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.