Black Iron (TSE:BKI) Stock Price Passes Above 200 Day Moving Average of $0.08

Black Iron Inc. (TSE:BKIGet Rating) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.08 and traded as high as C$0.08. Black Iron shares last traded at C$0.08, with a volume of 85,711 shares.

Black Iron Stock Down 6.3 %

The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 0.71. The company has a market cap of C$22.78 million and a price-to-earnings ratio of -2.27. The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08.

About Black Iron

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Black Iron Inc operates as an iron ore exploration and development company. It holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. The company was incorporated in 2010 and is headquartered in Toronto, Canada.

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