Shares of Black Iron Inc. (TSE:BKI – Get Free Report) 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$0.15. Black Iron shares last traded at C$0.15, with a volume of 37,500 shares traded.
Black Iron Stock Down 3.3 %
The stock has a 50-day moving average of C$0.16 and a 200-day moving average of C$0.11. The company has a market cap of C$31.01 million, a PE ratio of -20.51 and a beta of 1.52.
Insider Buying and Selling at Black Iron
In related news, insider RAB Capital Holdings Limited sold 750,000 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of C$0.19, for a total value of C$144,975.00. Insiders have sold a total of 4,861,000 shares of company stock valued at $905,622 in the last 90 days. Corporate insiders own 2.14% of the company’s stock.
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.
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