Black Iron (TSE:BKI) Stock Crosses Above 200 Day Moving Average of $0.08

Shares of Black Iron Inc. (TSE:BKIGet Rating) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.08 and traded as high as C$0.08. Black Iron shares last traded at C$0.08, with a volume of 85,711 shares changing hands.

Black Iron Trading Down 6.3 %

The company’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.08. The firm has a market cap of C$22.78 million and a price-to-earnings ratio of -2.27. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 0.71.

Black Iron Company Profile

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Black Iron Inc operates as an iron ore exploration and development company. 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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