Black Iron Inc. (TSE:BKI – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.12 and traded as low as C$0.12. Black Iron shares last traded at C$0.12, with a volume of 36,001 shares.
Black Iron Stock Performance
The company has a market cap of C$38.22 million, a P/E ratio of -10.50 and a beta of 2.31. The company has a quick ratio of 2.76, a current ratio of 0.07 and a debt-to-equity ratio of -11.52. The business has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.12.
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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