Black Iron (TSE:BKI) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Black Iron Inc. (TSE:BKIGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.06 and traded as high as C$0.11. Black Iron shares last traded at C$0.11, with a volume of 31,270 shares changing hands.

Black Iron Price Performance

The stock has a market cap of C$33.45 million, a P/E ratio of -11.00 and a beta of 1.52. The company has a quick ratio of 2.76, a current ratio of 0.40 and a debt-to-equity ratio of 0.71. The business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.06.

Black Iron Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Black Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Iron and related companies with MarketBeat.com's FREE daily email newsletter.