Black Iron Inc. (TSE:BKI) Insider RAB Capital Holdings Limited Sells 422,000 Shares

Black Iron Inc. (TSE:BKI) insider RAB Capital Holdings Limited sold 422,000 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of C$0.17, for a total value of C$72,584.00.

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

• On Monday, February 10th, RAB Capital Holdings Limited sold 666,000 shares of Black Iron stock. The stock was sold at an average price of C$0.18, for a total transaction of C$121,212.00.
• On Wednesday, January 22nd, RAB Capital Holdings Limited sold 250,500 shares of Black Iron stock. The shares were sold at an average price of C$0.19, for a total transaction of C$46,342.50.
• On Monday, January 20th, RAB Capital Holdings Limited sold 130,000 shares of Black Iron stock. The stock was 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 shares were sold at an average price of C$0.18, for a total transaction 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 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 value of C$182,500.00.

Black Iron Trading Up 8.8 %

Shares of TSE BKI opened at C$0.19 on Tuesday. Black Iron Inc. has a 12-month low of C$0.04 and a 12-month high of C$0.20. The company has a market cap of C$56.26 million, a price-to-earnings ratio of -18.50 and a beta of 1.52. The company has a current ratio of 0.40, a quick ratio of 2.76 and a debt-to-equity ratio of 0.71. The stock’s 50 day simple moving average is C$0.13 and its 200 day simple moving average is C$0.08.

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.