Shares of Black Iron Inc. (TSE:BKI – Get Free Report) were up 8.3% during mid-day trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 84,455 shares were traded during mid-day 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 Trading Up 6.9 %
The stock has a fifty day simple moving average of C$0.10 and a 200 day simple moving average of 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 quick ratio of 2.76, a current ratio of 0.40 and a debt-to-equity ratio of 0.71.
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.
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