Black Iron Inc. (TSE:BKI – Get Free Report)’s stock price traded down 10% on Friday . The company traded as low as C$0.15 and last traded at C$0.16. 597,526 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 636,113 shares. The stock had previously closed at C$0.18.
Black Iron Stock Down 8.6 %
The firm has a market capitalization of C$34.22 million, a P/E ratio of -22.63 and a beta of 1.52. The business’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.09.
Insider Buying and Selling
In other Black Iron news, insider RAB Capital Holdings Limited sold 422,000 shares of the company’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of C$0.17, for a total value of C$72,584.00. Insiders have sold a total of 4,615,000 shares of company stock valued at $866,264 over the last three months. 2.14% of the stock is owned by company insiders.
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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