Black Iron Inc. (TSE:BKI – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.15. Black Iron shares last traded at C$0.15, with a volume of 14,500 shares traded.
Black Iron Price Performance
The business’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.10. The firm has a market cap of C$31.01 million, a P/E ratio of -20.51 and a beta of 1.52.
Insider Transactions at Black Iron
In related news, insider RAB Capital Holdings Limited sold 250,500 shares of Black Iron stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of C$0.19, for a total transaction of C$46,342.50. Insiders have sold a total of 4,714,500 shares of company stock worth $883,647 in the last 90 days. Corporate insiders own 2.14% of the company’s stock.
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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