Black Iron Inc. has seen notable activity this week, largely influenced by its recent financial maneuvers.
This week, Black Iron Inc. (BKI.TO) closed at C$0.10, reflecting a stable position amid limited news. The company has recently completed a private placement, raising funds to support its operations in Ukraine. Despite the challenges in the mining sector, analysts remain optimistic about the company's future prospects.
Black Iron Inc.
BKI.TO
BKI.TO
Black Iron Inc.
WealthAwesomeMarket cap
$21.44M
52W high
$0.16
52W low
$0.06
1W change
-6.67%
Beta
1.61
Analyst Price Targets
Based on analyst covering BKI · as of Sep 17, 2026
Wall Street analysts forecast BKI stock price to rise 2085.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.53
+2085.7% Upside
Current Price
C$0.07
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BKI's historical volatility
30-Day Vol
127.4%
Annualized
90-Day Vol
91.5%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.06
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.07 | C$0.04 – C$0.10 |
| 60 trading days | C$0.06 | C$0.03 – C$0.12 |
| 90 trading days | C$0.06 | C$0.03 – C$0.13 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While Black Iron Inc. has raised capital through a recent offering, its stock price remains low, hovering near its 52-week low. Investors should consider the company's operational developments and market conditions when evaluating their positions.
Black Iron Inc. Closes at C$0.10, Down 12.7% from 50-Day MA
The stock has a 52-week trading range of C$0.09 to C$0.16, indicating a limited price movement and potential resistance at higher levels.
Bull case
Analysts are optimistic about Black Iron, with an average target price of C$1.53, suggesting significant upside potential. The recent private placement may improve liquidity and support future growth initiatives.
Bear case
The company's fundamentals show a high beta of 1.74, indicating increased volatility. With a P/E ratio of 0 and negative ROE, investors should be cautious about the sustainability of its operations.
Recent Price Action
This week, Black Iron Inc.'s stock closed at C$0.10, maintaining a stable position despite a lack of major news. The stock has seen a volume of 94,755 shares traded, which is approximately 73% of its 20-day average volume of 129,498 shares.
Catalysts and Company News
Black Iron recently completed a non-brokered private placement, raising C$2.61 million by issuing 26.1 million units at C$0.10 each. Each unit includes one common share and one warrant, exercisable at C$0.20 per share for 36 months. This move aims to strengthen its operational capabilities in Ukraine.
Technical Picture
The stock is currently trading below both its 50-day moving average of C$0.11 and its 200-day moving average of C$0.12, indicating a bearish trend. The current price is 16.4% lower than the 200-day MA and 12.7% lower than the 50-day MA. The 52-week range for BKI.TO is C$0.09 to C$0.16, reflecting limited volatility within this range.
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