Black Iron Inc. (TSE:BKI) Insider RAB Capital Holdings Limited Sells 250,500 Shares

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 250,500 shares of the stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of C$0.19, for a total value of C$46,342.50.

RAB Capital Holdings Limited also recently made the following trade(s):

• On Monday, January 20th, RAB Capital Holdings Limited sold 130,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total transaction of C$22,750.00.
• On Thursday, January 16th, RAB Capital Holdings Limited sold 140,500 shares of Black Iron stock. The stock was sold at an average price of C$0.18, for a total transaction of C$24,587.50.
• On Monday, January 13th, RAB Capital Holdings Limited sold 750,000 shares of Black Iron stock. The shares were sold at an average price of C$0.19, for a total transaction of C$144,975.00.
• On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The stock was sold at an average price of C$0.18, for a total value of C$182,500.00.

Black Iron Stock Performance

Shares of BKI opened at C$0.18 on Friday. Black Iron Inc. has a 52-week low of C$0.04 and a 52-week high of C$0.20. The stock’s 50-day simple moving average is C$0.12 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.76 and a current ratio of 0.40. The stock has a market capitalization of C$53.22 million, a price-to-earnings ratio of -17.50 and a beta of 1.52.

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.