Key Points
- Rab Capital Holdings sold 100,500 Black Iron shares on Jan. 26 at C$0.15 each for C$15,075, leaving it with 24,894,332 shares (a 0.40% ownership decrease).
- Black Iron's stock trades around C$0.14 with a market cap of C$41.34 million, 50-day/200-day moving averages of C$0.13/C$0.12, a negative P/E (-13.50) and a 52-week range of C$0.07–C$0.23.
- The company is a Canadian iron‑ore exploration and development firm focused on the Shymanivske project in Kryvyi Rih, Ukraine.
Black Iron Inc. (TSE:BKI - Get Free Report) insider Rab Capital Holdings Limited sold 100,500 shares of the firm's stock in a transaction on Monday, January 26th. The shares were sold at an average price of C$0.15, for a total value of C$15,075.00. Following the sale, the insider directly owned 24,894,332 shares of the company's stock, valued at C$3,734,149.80. This represents a 0.40% decrease in their ownership of the stock.
Black Iron Stock Performance
Black Iron stock opened at C$0.14 on Friday. The business's fifty day moving average is C$0.13 and its two-hundred day moving average is C$0.12. The firm has a market cap of C$41.34 million, a P/E ratio of -13.50 and a beta of 1.73. Black Iron Inc. has a 52 week low of C$0.07 and a 52 week high of C$0.23.
Black Iron (TSE:BKI - Get Free Report) last announced its earnings results on Tuesday, November 4th. The company reported C$0.00 earnings per share for the quarter. On average, equities research analysts predict that Black Iron Inc. will post -0.05 earnings per share for the current 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. It is located approximately 330 kilometers southeast of Kiev in central Ukraine.
Further Reading
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