Shares of Black Iron Inc. (TSE:BKI – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.15. Black Iron shares last traded at C$0.15, with a volume of 98,000 shares.
Black Iron Stock Up 3.4%
The firm has a market capitalization of C$45.93 million, a PE ratio of -15.00 and a beta of 2.00. The stock has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.12.
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. It is located approximately 330 kilometers southeast of Kiev in central Ukraine.
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