Black Iron (TSE:BKI) Shares Up 22.2%

Black Iron Inc. (TSE:BKIGet Free Report)’s stock price was up 22.2% during trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 346,580 shares traded hands during mid-day trading, an increase of 279% from the average daily volume of 91,391 shares. The stock had previously closed at C$0.05.

Black Iron Stock Performance

The stock has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05. The company has a quick ratio of 2.76, a current ratio of 0.66 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of C$16.73 million, a PE ratio of -4.50 and a beta of 1.59.

Black Iron Company Profile

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Black Iron Inc engages in the exploration and development of ferrous metals in Ukraine. The company holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. Black Iron Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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