Black Iron Inc. (TSE:BKI – Get Free Report) shares hit a new 52-week low during trading on Tuesday. The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 282,991 shares trading hands. The stock had previously closed at C$0.07.
Black Iron Stock Performance
The company has a debt-to-equity ratio of -18.39, a quick ratio of 2.76 and a current ratio of 0.44. The stock has a market cap of C$23.26 million, a price-to-earnings ratio of -10.50 and a beta of 2.39. The company’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.10.
About Black Iron
Black Iron is an iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine. Full mineral resource details and projected project economics can be found in the NI 43-101 technical report entitled ‘(Amended) Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit’ published in March 2020 with an effective date of November 21, 2017 under the Company’s profile on SEDAR at www.sedar.com. The Project is surrounded by five other operating mines, including Metinvest’s YuGOK and ArcelorMittal’s iron ore complex.
Recommended Stories
- Five stocks we like better than Black Iron
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
- IonQ Fell 9% on a $1.3 Billion Deal—Is Wall Street Missing Something?
Receive News & Ratings for Black Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Iron and related companies with MarketBeat.com's FREE daily email newsletter.
