Black Iron (TSE:BKI) Stock Price Down 13.6% – What’s Next?
by Jessica Moore · The Cerbat GemShares of Black Iron Inc. (TSE:BKI – Get Free Report) were down 13.6% during trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 272,150 shares changed hands during trading, an increase of 43% from the average daily volume of 190,886 shares. The stock had previously closed at C$0.11.
Black Iron Stock Performance
The company has a debt-to-equity ratio of -13.81, a current ratio of 0.16 and a quick ratio of 2.76. The firm has a fifty day simple moving average of C$0.12 and a 200 day simple moving average of C$0.12. The company has a market cap of C$29.09 million, a price-to-earnings ratio of -10.50 and a beta of 1.87.
Black Iron (TSE:BKI – Get Free Report) last announced its quarterly earnings results on Tuesday, March 17th. The company reported C$0.00 EPS for the quarter. On average, sell-side analysts expect that Black Iron Inc. will post -0.05 earnings per share for the current fiscal year.
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.