Black Iron Inc. (TSE:BKI – Get Free Report)’s stock price rose 25% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 146,561 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 116,122 shares. The stock had previously closed at C$0.04.
Black Iron Price Performance
The stock’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. 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 stock has a market capitalization of C$15.21 million, a price-to-earnings ratio of -4.00 and a beta of 1.52.
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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