Black Iron Inc. (TSE:BKI – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.11 and traded as high as C$0.12. Black Iron shares last traded at C$0.12, with a volume of 37,566 shares traded.
Black Iron Stock Performance
The stock’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.11. The firm has a market capitalization of C$35.22 million, a PE ratio of -11.50 and a beta of 1.37.
Insider Activity at Black Iron
In related news, insider Rab Capital Holdings Limited sold 1,009,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of C$0.15, for a total value of C$148,323.00. Following the transaction, the insider directly owned 30,238,832 shares in the company, valued at approximately C$4,445,108.30. This represents a 3.23% decrease in their ownership of the stock. Insiders own 2.14% of the company’s stock.
Black Iron Company Profile
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.
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