Black Iron Inc. (TSE:BKI) Insider Sells 140,500 Shares

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 140,500 shares of the firm’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of C$0.18, for a total value of C$24,587.50.

RAB Capital Holdings Limited also recently made the following trade(s):

• On Monday, January 13th, RAB Capital Holdings Limited sold 750,000 shares of Black Iron stock. The shares were sold at an average price of C$0.19, for a total value of C$144,975.00.
• On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total value of C$182,500.00.

Black Iron Trading Up 6.1 %

Shares of Black Iron stock opened at C$0.18 on Friday. The company’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.07. The company has a current ratio of 0.40, a quick ratio of 2.76 and a debt-to-equity ratio of 0.71. Black Iron Inc. has a 12-month low of C$0.04 and a 12-month high of C$0.20. The company has a market cap of C$53.22 million, a price-to-earnings ratio of -17.50 and a beta of 1.52.

Black Iron Company Profile

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.