Black Iron (TSE:BKI) Trading Up 5% – Here’s Why

Black Iron Inc. (TSE:BKIGet Free Report)’s stock price shot up 5% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 29,700 shares changed hands during trading, a decline of 88% from the average session volume of 243,305 shares. The stock had previously closed at C$0.10.

Black Iron Stock Up 5.0%

The company has a market cap of C$32.15 million, a PE ratio of -10.50 and a beta of 1.61. The firm has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.11.

Black Iron (TSE:BKIGet Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported C$0.00 EPS for the quarter. Equities research analysts forecast that Black Iron Inc. will post -0.05 earnings per share for the current fiscal year.

Black Iron Company Profile

(Get Free Report)

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.

See Also

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.