Black Iron Inc. (TSE:BKI) Insider RAB Capital Holdings Limited Sells 140,500 Shares

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 140,500 shares of the firm’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of C$0.18, for a total value of C$24,587.50.

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

• On Monday, January 13th, RAB Capital Holdings Limited sold 750,000 shares of Black Iron stock. The stock was sold at an average price of C$0.19, for a total transaction of C$144,975.00.
• On Friday, January 10th, RAB Capital Holdings Limited sold 1,000,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total transaction of C$182,500.00.

Black Iron Stock Performance

Shares of BKI opened at C$0.18 on Friday. The company has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.07. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.40 and a quick ratio of 2.76. The firm has a market capitalization of C$53.22 million, a PE ratio of -17.50 and a beta of 1.52. Black Iron Inc. has a one year low of C$0.04 and a one year high of C$0.20.

About Black Iron

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.