Black Iron Inc. (TSE:BKI) Insider Sells C$24,587.50 in Stock

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 140,500 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of C$0.18, for a total transaction of C$24,587.50.

RAB Capital Holdings Limited also recently made the following trade(s):

• On Monday, January 13th, RAB Capital Holdings Limited sold 750,000 shares of Black Iron stock. The shares were sold at an average price of C$0.19, for a total transaction of C$144,975.00.
• On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total transaction of C$182,500.00.

Black Iron Price Performance

Shares of TSE BKI opened at C$0.18 on Monday. Black Iron Inc. has a 52-week low of C$0.04 and a 52-week high of C$0.20. The firm has a market capitalization of C$53.22 million, a price-to-earnings ratio of -17.50 and a beta of 1.52. The stock has a 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.07. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.76 and a current ratio of 0.40.

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.