Black Iron Inc. (TSE:BKI – Get Free Report)’s share price traded down 10% during trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.16. 597,526 shares traded hands during trading, a decline of 6% from the average session volume of 636,113 shares. The stock had previously closed at C$0.18.
Black Iron Trading Down 8.6 %
The company’s 50 day simple moving average is C$0.15 and its 200-day simple moving average is C$0.09. The firm has a market cap of C$34.22 million, a P/E ratio of -22.63 and a beta of 1.52.
Insider Activity at Black Iron
In other news, insider RAB Capital Holdings Limited sold 1,000,000 shares of the business’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of C$0.18, for a total value of C$182,500.00. Over the last ninety days, insiders sold 4,615,000 shares of company stock worth $866,264. 2.14% of the stock is owned by company insiders.
Black Iron Company Profile
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.
Further Reading
- Five stocks we like better than Black Iron
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- How to Find Undervalued Stocks
- DuPont’s Electronics Spinoff: The Start of Something Big
- ESG Stocks, What Investors Should Know
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Receive News & Ratings for Black Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Iron and related companies with MarketBeat.com's FREE daily email newsletter.
