BKI Stock Overview
Black Iron Inc. operates as an iron ore exploration and development company.
Black Iron Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.095|
|52 Week High||CA$0.55|
|52 Week Low||CA$0.085|
|1 Month Change||-29.63%|
|3 Month Change||-47.22%|
|1 Year Change||-79.35%|
|3 Year Change||26.67%|
|5 Year Change||-13.64%|
|Change since IPO||-93.36%|
Recent News & Updates
We Think Black Iron (TSE:BKI) Needs To Drive Business Growth Carefully
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
We Think Black Iron (TSE:BKI) Can Afford To Drive Business Growth
We can readily understand why investors are attracted to unprofitable companies. For example, Black Iron ( TSE:BKI...
|BKI||CA Metals and Mining||CA Market|
Return vs Industry: BKI underperformed the Canadian Metals and Mining industry which returned -10.4% over the past year.
Return vs Market: BKI underperformed the Canadian Market which returned 5.9% over the past year.
|BKI Average Weekly Movement||17.4%|
|Metals and Mining Industry Average Movement||10.7%|
|Market Average Movement||9.7%|
|10% most volatile stocks in CA Market||16.7%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: BKI is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: BKI's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
Black Iron Inc. operates as an iron ore exploration and development company. It holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. The company was incorporated in 2010 and is headquartered in Toronto, Canada.
Black Iron Fundamentals Summary
|BKI fundamental statistics|
Is BKI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BKI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.024|
|Net Profit Margin||0.00%|
How did BKI perform over the long term?See historical performance and comparison
Is Black Iron undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BKI's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate BKI's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: BKI is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: BKI is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BKI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKI is overvalued based on its PB Ratio (8.6x) compared to the CA Metals and Mining industry average (2x).
How is Black Iron forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Black Iron has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Black Iron performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKI is currently unprofitable.
Growing Profit Margin: BKI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BKI is unprofitable, and losses have increased over the past 5 years at a rate of 31.1% per year.
Accelerating Growth: Unable to compare BKI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BKI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.8%).
Return on Equity
High ROE: BKI has a negative Return on Equity (-282.07%), as it is currently unprofitable.
How is Black Iron's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: BKI's short term assets ($3.9M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: BKI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BKI is debt free.
Reducing Debt: BKI had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BKI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BKI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.5% each year
What is Black Iron current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BKI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BKI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BKI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BKI's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BKI has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Matthew Simpson, also known as Matt, P.Eng., has been the Chief Executive Officer and President at Forbes & Manhattan, Inc. since September 2014. Mr. Simpson has been the Chief Executive Officer of Bla...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD503.94K) is above average for companies of similar size in the Canadian market ($USD169.50K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
Experienced Management: BKI's management team is seasoned and experienced (11.4 years average tenure).
Experienced Board: BKI's board of directors are seasoned and experienced ( 11.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BKI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.6%.
Black Iron Inc.'s employee growth, exchange listings and data sources
- Name: Black Iron Inc.
- Ticker: BKI
- Exchange: TSX
- Founded: 2010
- Industry: Steel
- Sector: Materials
- Implied Market Cap: CA$28.861m
- Shares outstanding: 303.80m
- Website: https://blackiron.com
Number of Employees
- Black Iron Inc.
- 198 Davenport Road
- M5R 1J2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.