Black Iron Inc. (TSE:BKI – Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.06 and traded as high as C$0.11. Black Iron shares last traded at C$0.11, with a volume of 31,270 shares trading hands.
Black Iron Stock Up 4.8 %
The company’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.06. The firm has a market capitalization of C$33.45 million, a PE ratio of -11.00 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.
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