RAB Capital Holdings Limited Sells 140,500 Shares of Black Iron Inc. (TSE:BKI) Stock

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 140,500 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of C$0.18, for a total value of C$24,587.50.

RAB Capital Holdings Limited also recently made the following trade(s):

• On Monday, January 13th, RAB Capital Holdings Limited sold 750,000 shares of Black Iron stock. The stock was sold at an average price of C$0.19, for a total value of C$144,975.00.
• On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total value of C$182,500.00.

Black Iron Stock Performance

Shares of Black Iron stock opened at C$0.18 on Friday. Black Iron Inc. has a 1 year low of C$0.04 and a 1 year high of C$0.20. The firm’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.07. The stock has a market cap of C$53.22 million, a price-to-earnings ratio of -17.50 and a beta of 1.52. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.40 and a quick ratio of 2.76.

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.