Black Iron (TSE:BKI) Stock Crosses Below Two Hundred Day Moving Average of $0.07

Black Iron Inc. (TSE:BKIGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.06. Black Iron shares last traded at C$0.07, with a volume of 51,000 shares traded.

Black Iron Price Performance

The company has a debt-to-equity ratio of 0.71, a current ratio of 1.15 and a quick ratio of 2.76. The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The stock has a market capitalization of C$19.77 million, a price-to-earnings ratio of -6.50 and a beta of 1.70.

Black Iron Company Profile

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

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