Black Iron Inc. (TSE:BKI – Get Free Report) traded down 8% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.12. 190,772 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 186,674 shares. The stock had previously closed at C$0.12.
Black Iron Stock Down 8.0%
The firm has a market cap of C$38.22 million, a PE ratio of -10.50 and a beta of 2.31. The company has a 50-day simple moving average of C$0.11 and a 200-day simple moving average of C$0.12. The company has a debt-to-equity ratio of -11.52, a current ratio of 0.07 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. It is located approximately 330 kilometers southeast of Kiev in central Ukraine.
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