View Past PerformanceBlack Iron バランスシートの健全性財務の健全性 基準チェック /36Black Ironの総株主資本は$-3.6M 、総負債は$0.0で、負債比率は0%となります。総資産と総負債はそれぞれ$720.1Kと$4.3Mです。主要情報0%負債資本比率US$0負債インタレスト・カバレッジ・レシオn/a現金US$239.56kエクイティ-US$3.56m負債合計US$4.28m総資産US$720.12k財務の健全性に関する最新情報分析記事 • Nov 06Will Black Iron (TSE:BKI) Spend Its Cash Wisely?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...分析記事 • Jul 11Here's Why We're Watching Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...分析記事 • Mar 03We're Keeping An Eye On Black Iron's (TSE:BKI) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. By way of example, Black Iron...分析記事 • May 12Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...分析記事 • Nov 17We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...分析記事 • Apr 21We Think Black Iron (TSE:BKI) Needs To Drive Business Growth CarefullyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...すべての更新を表示Recent updatesお知らせ • Apr 17Black Iron Inc., Annual General Meeting, Jun 11, 2026Black Iron Inc., Annual General Meeting, Jun 11, 2026.お知らせ • Apr 07Black Iron Inc. announced that it expects to receive CAD 2.36606 million in fundingBlack Iron Inc. announced a non-brokered private placement to issue 23,660,600 units at a price of CAD 0.10 per Unit for gross proceeds of CAD 2,366,060 on April 6, 2026. It is anticipated that the closing of the Offering will occur on or about April 20, 2026, or such other date or dates as the Company may determine. The Units issued to subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. Each Unit will consist of one common share and one common share purchase warrant.. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.20 per common share for a period of 36 months following the Closing Date. The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange, and closing for minimum gross proceeds of approximately $1,200,000 (CAD 1,670,160). Finder's fees may be paid to eligible finders in accordance with the policies of the Toronto Stock Exchange, which may consist of a cash payment of up to 6.0% of the aggregate gross proceeds of the Units sold to investors introduced by such finders and (ii) non-transferable broker warrants equal to 6.0% of the aggregate number of Units issued by the Company to investors introduced by such finders (each, a "Broker Warrant"). Each Broker Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.20 for a period of 36 months from the Closing Date, subject to acceleration in certain circumstances.分析記事 • Nov 06Will Black Iron (TSE:BKI) Spend Its Cash Wisely?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...分析記事 • Jul 11Here's Why We're Watching Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...New Risk • Apr 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$2.0m). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$27.4m market cap, or US$19.2m).お知らせ • Apr 02Black Iron Inc., Annual General Meeting, Jun 13, 2025Black Iron Inc., Annual General Meeting, Jun 13, 2025.分析記事 • Mar 03We're Keeping An Eye On Black Iron's (TSE:BKI) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. By way of example, Black Iron...New Risk • Aug 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.3m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$767k). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.97m).New Risk • Jun 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.3m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$441k). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m).Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Zenon Potoczny was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Apr 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.94m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$16.7m market cap, or US$12.1m).New Risk • Mar 08New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$154k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.2m market cap, or US$11.3m).New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Earnings have declined by 6.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m).New Risk • Nov 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Earnings have declined by 6.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m).分析記事 • May 12Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...分析記事 • Nov 17We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Recent Insider Transactions • May 22Insider recently bought CA$90k worth of stockOn the 19th of May, William Richards bought around 1m shares on-market at roughly CA$0.09 per share. In the last 3 months, they made an even bigger purchase worth CA$186k. Insiders have collectively bought CA$750k more in shares than they have sold in the last 12 months.Price Target Changed • Apr 27Price target increased to CA$1.65Up from CA$0.35, the current price target is provided by 1 analyst. New target price is 1,335% above last closing price of CA$0.12. Stock is down 81% over the past year. The company posted a net loss per share of US$0.021 last year.分析記事 • Apr 21We Think Black Iron (TSE:BKI) Needs To Drive Business Growth CarefullyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...Recent Insider Transactions • Mar 04Insider recently bought CA$186k worth of stockOn the 1st of March, William Richards bought around 2m shares on-market at roughly CA$0.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$686k more in shares than they have sold in the last 12 months.お知らせ • Feb 24Black Iron Continues to Progress Project Development in Central UkraineBlack Iron Inc. management want to reassure investors that the Company is continuing development of its Shymanivske Iron Ore Project (the "Project") located in Central Ukraine on the west side of the Dnieper River while carefully monitoring Russia's incursion into Eastern Ukraine. The adjacent iron ore mines to the Project continue to operate without interruption and employees are going to work to as usual. The Company intends to provide updates regarding product offtake and the economics of an updated feasibility study for the Project (the "Updated Feasibility Study") in the near future. Additionally, the Company anticipates filing the Updated Feasibility Study within thirty days of the feasibility study economics being released. Legislation regarding the criteria that needs to be met to qualify for Ukraine's new investment support law is currently being adopted upon which Black Iron plans to submit its application. This investment support agreement has the potential to eliminate the need for Black Iron to pay import duties and VAT (value added tax) on equipment required for Project construction and include support for government land transfer. To apply for this government support, a comprehensive study was prepared covering several aspects of the Project such as anticipated employment, tax payments, technical design, social impacts and benefits. Progressive discussions on government land transfer have also occurred with Ukraine's new Minister of Defence and one of the Deputy Ministers of Defence who are both supportive for this to occur in exchange for a compensation package. Finally, field baseline work remains ongoing as required to complete an Environmental and Social Impact Assessment ("EISA"). The EISA along with the Updated Feasibility Study are key inputs for the royalty provider and banks providing debt to conduct their due diligence for funding of Project construction.Breakeven Date Change • Jan 01Forecast to breakeven in 2024The analyst covering Black Iron expects the company to break even for the first time. New forecast suggests the company will make a profit of US$94.2m in 2024. Average annual earnings growth of 81% is required to achieve expected profit on schedule.分析記事 • Nov 08We Think Black Iron (TSE:BKI) Can Afford To Drive Business GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, Black Iron ( TSE:BKI...Recent Insider Transactions • Oct 03Insider recently bought CA$410k worth of stockOn the 27th of September, William Richards bought around 1m shares on-market at roughly CA$0.40 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.お知らせ • Mar 10Black Iron Initiates Environmental Impact AssessmentBlack Iron Inc. announced the engagement of Environmental Resources Management ("ERM") to conduct an environmental and social impact assessment ("ESIA") on its Shymanivske iron ore project (the "Project"). The ESIA is a very important process used to identify likely environmental and social impacts of a project at the design stage to recommend ways to reduce adverse impacts and achieve environmental and social benefits in an economical manner. Completion of an ESIA is a critical path item for Black Iron to secure the necessary permits for Project construction. As outlined in Black Iron's 2021 plan to advance the Project to a fully funded and permitted state, commencement of the ESIA was originally scheduled for April 2021. However, given the importance of this work for Project permitting and as a key input for banks in their due diligence to provide debt financing, Black Iron management have decided to advance starting the ESIA by just over one month to pick up some time on the development schedule. ERM were selected to lead this ESIA based on their highly regarded global reputation of expertise in this field that includes several successful projects also conducted in Ukraine. ERM's personnel have extensive knowledge of the IFC (International Finance Corporation) Performance Standards and EHS (Environment, Health & Safety) guidelines which are often required to be followed by major global lenders including those to Black Iron. ERM has over 140 offices globally with this work being led out of their Romania office.Is New 90 Day High Low • Mar 02New 90-day high: CA$0.44The company is up 167% from its price of CA$0.17 on 01 December 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period.Is New 90 Day High Low • Jan 19New 90-day high: CA$0.38The company is up 226% from its price of CA$0.12 on 20 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.Is New 90 Day High Low • Dec 12New 90-day high: CA$0.24The company is up 100% from its price of CA$0.12 on 11 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 10.0% over the same period.財務状況分析短期負債: BKIは マイナスの株主資本 を有しており、これは 短期資産 が 短期負債 をカバーしていないことよりも深刻な状況です。長期負債: BKIは株主資本がマイナスであり、これは短期資産が 長期負債 をカバーしていないことよりも深刻な状況です。デット・ツー・エクイティの歴史と分析負債レベル: BKIは負債がありません。負債の削減: BKIの株主資本はマイナスなので、時間の経過とともに負債が減少したかどうかを確認する必要はありません。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: BKIは、前回報告された フリーキャッシュフロー に基づいて2か月分の十分な キャッシュランウェイ を有していますが、その後追加の資本を調達しました。キャッシュランウェイの予測: BKIフリーキャッシュフロー 推定値 に基づいて2か月間十分なキャッシュランウェイがあると予測されていますが、その後、追加の資本を調達しました。健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/04 06:22終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Black Iron Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Rajiv ChailATB Cormark Historical (Cormark Securities)Daniel GreenspanMacquarie ResearchRobin KozarRBC Capital Markets
分析記事 • Nov 06Will Black Iron (TSE:BKI) Spend Its Cash Wisely?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
分析記事 • Jul 11Here's Why We're Watching Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
分析記事 • Mar 03We're Keeping An Eye On Black Iron's (TSE:BKI) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. By way of example, Black Iron...
分析記事 • May 12Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
分析記事 • Nov 17We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
分析記事 • Apr 21We Think Black Iron (TSE:BKI) Needs To Drive Business Growth CarefullyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
お知らせ • Apr 17Black Iron Inc., Annual General Meeting, Jun 11, 2026Black Iron Inc., Annual General Meeting, Jun 11, 2026.
お知らせ • Apr 07Black Iron Inc. announced that it expects to receive CAD 2.36606 million in fundingBlack Iron Inc. announced a non-brokered private placement to issue 23,660,600 units at a price of CAD 0.10 per Unit for gross proceeds of CAD 2,366,060 on April 6, 2026. It is anticipated that the closing of the Offering will occur on or about April 20, 2026, or such other date or dates as the Company may determine. The Units issued to subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. Each Unit will consist of one common share and one common share purchase warrant.. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.20 per common share for a period of 36 months following the Closing Date. The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange, and closing for minimum gross proceeds of approximately $1,200,000 (CAD 1,670,160). Finder's fees may be paid to eligible finders in accordance with the policies of the Toronto Stock Exchange, which may consist of a cash payment of up to 6.0% of the aggregate gross proceeds of the Units sold to investors introduced by such finders and (ii) non-transferable broker warrants equal to 6.0% of the aggregate number of Units issued by the Company to investors introduced by such finders (each, a "Broker Warrant"). Each Broker Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of CAD 0.20 for a period of 36 months from the Closing Date, subject to acceleration in certain circumstances.
分析記事 • Nov 06Will Black Iron (TSE:BKI) Spend Its Cash Wisely?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
分析記事 • Jul 11Here's Why We're Watching Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
New Risk • Apr 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$2.0m). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$27.4m market cap, or US$19.2m).
お知らせ • Apr 02Black Iron Inc., Annual General Meeting, Jun 13, 2025Black Iron Inc., Annual General Meeting, Jun 13, 2025.
分析記事 • Mar 03We're Keeping An Eye On Black Iron's (TSE:BKI) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. By way of example, Black Iron...
New Risk • Aug 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.3m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$767k). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.97m).
New Risk • Jun 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.3m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$441k). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m).
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Zenon Potoczny was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Apr 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.94m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).
New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$16.7m market cap, or US$12.1m).
New Risk • Mar 08New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$154k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Negative equity (-US$154k). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.2m market cap, or US$11.3m).
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Earnings have declined by 6.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m).
New Risk • Nov 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.2m free cash flow). Earnings have declined by 6.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m).
分析記事 • May 12Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
分析記事 • Nov 17We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Recent Insider Transactions • May 22Insider recently bought CA$90k worth of stockOn the 19th of May, William Richards bought around 1m shares on-market at roughly CA$0.09 per share. In the last 3 months, they made an even bigger purchase worth CA$186k. Insiders have collectively bought CA$750k more in shares than they have sold in the last 12 months.
Price Target Changed • Apr 27Price target increased to CA$1.65Up from CA$0.35, the current price target is provided by 1 analyst. New target price is 1,335% above last closing price of CA$0.12. Stock is down 81% over the past year. The company posted a net loss per share of US$0.021 last year.
分析記事 • Apr 21We Think Black Iron (TSE:BKI) Needs To Drive Business Growth CarefullyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Recent Insider Transactions • Mar 04Insider recently bought CA$186k worth of stockOn the 1st of March, William Richards bought around 2m shares on-market at roughly CA$0.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$686k more in shares than they have sold in the last 12 months.
お知らせ • Feb 24Black Iron Continues to Progress Project Development in Central UkraineBlack Iron Inc. management want to reassure investors that the Company is continuing development of its Shymanivske Iron Ore Project (the "Project") located in Central Ukraine on the west side of the Dnieper River while carefully monitoring Russia's incursion into Eastern Ukraine. The adjacent iron ore mines to the Project continue to operate without interruption and employees are going to work to as usual. The Company intends to provide updates regarding product offtake and the economics of an updated feasibility study for the Project (the "Updated Feasibility Study") in the near future. Additionally, the Company anticipates filing the Updated Feasibility Study within thirty days of the feasibility study economics being released. Legislation regarding the criteria that needs to be met to qualify for Ukraine's new investment support law is currently being adopted upon which Black Iron plans to submit its application. This investment support agreement has the potential to eliminate the need for Black Iron to pay import duties and VAT (value added tax) on equipment required for Project construction and include support for government land transfer. To apply for this government support, a comprehensive study was prepared covering several aspects of the Project such as anticipated employment, tax payments, technical design, social impacts and benefits. Progressive discussions on government land transfer have also occurred with Ukraine's new Minister of Defence and one of the Deputy Ministers of Defence who are both supportive for this to occur in exchange for a compensation package. Finally, field baseline work remains ongoing as required to complete an Environmental and Social Impact Assessment ("EISA"). The EISA along with the Updated Feasibility Study are key inputs for the royalty provider and banks providing debt to conduct their due diligence for funding of Project construction.
Breakeven Date Change • Jan 01Forecast to breakeven in 2024The analyst covering Black Iron expects the company to break even for the first time. New forecast suggests the company will make a profit of US$94.2m in 2024. Average annual earnings growth of 81% is required to achieve expected profit on schedule.
分析記事 • Nov 08We Think Black Iron (TSE:BKI) Can Afford To Drive Business GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, Black Iron ( TSE:BKI...
Recent Insider Transactions • Oct 03Insider recently bought CA$410k worth of stockOn the 27th of September, William Richards bought around 1m shares on-market at roughly CA$0.40 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
お知らせ • Mar 10Black Iron Initiates Environmental Impact AssessmentBlack Iron Inc. announced the engagement of Environmental Resources Management ("ERM") to conduct an environmental and social impact assessment ("ESIA") on its Shymanivske iron ore project (the "Project"). The ESIA is a very important process used to identify likely environmental and social impacts of a project at the design stage to recommend ways to reduce adverse impacts and achieve environmental and social benefits in an economical manner. Completion of an ESIA is a critical path item for Black Iron to secure the necessary permits for Project construction. As outlined in Black Iron's 2021 plan to advance the Project to a fully funded and permitted state, commencement of the ESIA was originally scheduled for April 2021. However, given the importance of this work for Project permitting and as a key input for banks in their due diligence to provide debt financing, Black Iron management have decided to advance starting the ESIA by just over one month to pick up some time on the development schedule. ERM were selected to lead this ESIA based on their highly regarded global reputation of expertise in this field that includes several successful projects also conducted in Ukraine. ERM's personnel have extensive knowledge of the IFC (International Finance Corporation) Performance Standards and EHS (Environment, Health & Safety) guidelines which are often required to be followed by major global lenders including those to Black Iron. ERM has over 140 offices globally with this work being led out of their Romania office.
Is New 90 Day High Low • Mar 02New 90-day high: CA$0.44The company is up 167% from its price of CA$0.17 on 01 December 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period.
Is New 90 Day High Low • Jan 19New 90-day high: CA$0.38The company is up 226% from its price of CA$0.12 on 20 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Dec 12New 90-day high: CA$0.24The company is up 100% from its price of CA$0.12 on 11 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 10.0% over the same period.