Insider Selling: Black Iron Inc. (TSE:BKI) Insider Sells 250,500 Shares of Stock

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 250,500 shares of the company’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of C$0.19, for a total transaction of C$46,342.50.

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

• On Monday, January 20th, RAB Capital Holdings Limited sold 130,000 shares of Black Iron stock. The shares were sold at an average price of C$0.18, for a total transaction of C$22,750.00.
• On Thursday, January 16th, RAB Capital Holdings Limited sold 140,500 shares of Black Iron stock. The stock was sold at an average price of C$0.18, for a total value of C$24,587.50.
• 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 value 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 value of C$182,500.00.

Black Iron Price Performance

TSE BKI opened at C$0.19 on Thursday. The stock has a 50 day moving average price of C$0.11 and a 200-day moving average price of C$0.07. Black Iron Inc. has a one year low of C$0.04 and a one year high of C$0.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.76 and a current ratio of 0.40. The company has a market capitalization of C$56.26 million, a P/E ratio of -18.50 and a beta of 1.52.

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.