Black Iron (TSE:BKI) Insider Rab Capital Holdings Limited Sells 100,500 Shares

Black Iron Inc. (TSE:BKI) insider Rab Capital Holdings Limited sold 100,500 shares of the business’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of C$0.15, for a total transaction of C$15,075.00. Following the transaction, the insider owned 24,894,332 shares of the company’s stock, valued at approximately C$3,734,149.80. The trade was a 0.40% decrease in their position.

Black Iron Stock Down 3.6%

BKI traded down C$0.01 on Friday, reaching C$0.14. The company had a trading volume of 109,347 shares, compared to its average volume of 223,298. Black Iron Inc. has a 1 year low of C$0.07 and a 1 year high of C$0.23. The stock has a market capitalization of C$41.34 million, a PE ratio of -13.50 and a beta of 1.73. The stock has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.12.

Black Iron (TSE:BKI) last announced its earnings results on Tuesday, November 4th. The company reported C$0.00 earnings per share for the quarter. As a group, analysts expect that Black Iron Inc. will post -0.05 earnings per share for the current fiscal year.

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. It is located approximately 330 kilometers southeast of Kiev in central Ukraine.