Shares of Black Iron Inc. (TSE:BKI – Get Free Report) were up 8.3% during trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 84,455 shares traded hands during trading, a decline of 61% from the average daily volume of 214,082 shares. The stock had previously closed at C$0.12.
Black Iron Stock Up 6.9 %
The company’s 50-day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.06. The firm has a market capitalization of C$47.14 million, a P/E ratio of -15.50 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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