Black Iron Inc. (TSE:BKI – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.12 and traded as low as C$0.11. Black Iron shares last traded at C$0.11, with a volume of 104,205 shares.
Black Iron Trading Down 4.3%
The company has a debt-to-equity ratio of -11.52, a quick ratio of 2.76 and a current ratio of 0.07. The stock’s fifty day moving average is C$0.11 and its 200 day moving average is C$0.12. The stock has a market cap of C$36.56 million, a P/E ratio of -10.50 and a beta of 2.33.
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. It is located approximately 330 kilometers southeast of Kiev in central Ukraine.
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