BKIRF
Basic MaterialsBlack Iron Inc.
Industrial Materials
$0.07+0.00%
Key events (≥5% daily moves)
Up dayDown day
About This Company
Black Iron Inc. is a company focused on finding and developing iron ore, which is used to make steel. Their main asset is the Shymanivske iron ore project, located in Ukraine, which they fully own. While the company is based in Canada, their primary business activity is centered around this significant iron ore deposit. Essentially, they're working to bring this Ukrainian iron ore project into production.
https://blackiron.comKey Statistics
Open$0.07
Day High$0.07
Day Low$0.07
Prev. Close$0.07
52-Week High$0.11
52-Week Low$0.06
Market Cap$22.66M
Volume2.00K
Avg. Volume—
P/E Ratio—
EPS—
Beta1.73
Company Information
Sector
Basic Materials
Industry
Industrial Materials
Employees
3
Country
CA
IPO Date
2021-01-08
Exchange
OTC
52-Week Range
$0.06
52W Low
$0.07
Current
$0.11
52W High
Catalysts & Risks
Catalysts
- ▲Securing full project financing or a strategic partnership for the Shymanivske iron ore project.
- ▲Positive feasibility study updates or engineering advancements that de-risk the project and improve economics.
- ▲Sustained high iron ore prices, making the Shymanivske project more economically attractive and increasing potential revenue.
- ▲Regulatory approvals and permits for the Shymanivske project, enabling construction and development to proceed.
Risks
- ▼Inability to secure sufficient project financing or a strategic partner, leading to further delays or abandonment of the Shymanivske project.
- ▼Significant decline in global iron ore prices, making the Shymanivske project less economically viable.
- ▼Geopolitical instability in Ukraine, impacting project development, operations, and investor confidence.
- ▼Cost overruns or construction delays during the development phase of the Shymanivske project.
AI-generated · For informational use only