Black Iron Inc. (TSE:BKI – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.12. Black Iron shares last traded at C$0.12, with a volume of 82,945 shares.
Black Iron Trading Up 4.5%
The company has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.12. The stock 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 current ratio of 0.07, a quick ratio of 2.76 and a debt-to-equity ratio of -11.52.
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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