Black Iron Inc. (TSE:BKI – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.05 and traded as high as C$0.10. Black Iron shares last traded at C$0.09, with a volume of 235,200 shares changing hands.
Black Iron Stock Down 5.6 %
The company has a market capitalization of C$25.85 million, a PE ratio of -8.50 and a beta of 1.52. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.40 and a quick ratio of 2.76. The company has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05.
About Black Iron
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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