Insider Selling: Black Iron Inc. (TSE:BKI) Insider Sells C$144,975.00 in Stock

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 750,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$0.19, for a total transaction of C$144,975.00.

RAB Capital Holdings Limited also recently made the following trade(s):

• On Thursday, January 16th, RAB Capital Holdings Limited sold 140,500 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total transaction of C$24,587.50.
• On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The stock was sold at an average price of C$0.18, for a total value of C$182,500.00.

Black Iron Trading Up 6.1 %

Shares of BKI opened at C$0.18 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.76 and a current ratio of 0.40. Black Iron Inc. has a 52-week low of C$0.04 and a 52-week high of C$0.20. The firm has a market cap of C$53.22 million, a price-to-earnings ratio of -17.50 and a beta of 1.52. The business’s fifty day moving average is C$0.11 and its 200-day moving average is C$0.07.

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.