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Black Iron
(TSX:BKI)
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Rating:43Neutral
Price Target:
C$0.08
▼(-8.89% Downside)
Action:Reiterated
Date:08/18/26
The score is primarily weighed down by very weak financial performance (no revenue, ongoing losses and negative free cash flow, and negative equity with increasing debt). Technical indicators also reflect weak momentum with the stock trading below key moving averages. Valuation provides limited support because the company is loss-making (negative P/E) and has no dividend yield data.
Positive Factors
Defined iron ore development asset
A defined primary project gives the company a focused basis for future value creation and strategic execution. Continued technical, permitting, and development work can advance the asset toward a more mature stage, although commercial success remains dependent on further project progress.
Negative Factors
No revenue and persistent operating losses
The absence of revenue means the company has not demonstrated a commercial operating base capable of funding its activities. Persistent gross, operating, and net losses leave earnings power unproven and make future progress dependent on advancing the project before meaningful operating income can emerge.
Read all positive and negative factors
Positive Factors
Negative Factors
Defined iron ore development asset
A defined primary project gives the company a focused basis for future value creation and strategic execution. Continued technical, permitting, and development work can advance the asset toward a more mature stage, although commercial success remains dependent on further project progress.
Read all positive factors
Black Iron (BKI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$29.91M
Dividend YieldN/A
Average Volume (3M)102.04K
Price to Earnings (P/E)―
Beta (1Y)1.74
Revenue GrowthN/A
EPS Growth13.40%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding332,326,700
10 Day Avg. Volume54,333
30 Day Avg. Volume102,041
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)-9.31
Price to Sales (P/S)0.00
P/FCF Ratio-26.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Black Iron Business Overview & Revenue Model
Company Description
Black Iron Inc. is dedicated to the exploration and development of iron ore assets. The company possesses complete ownership (a 100% stake) in the Shymanivske iron ore project, an area spanning 2.56 square kilometers located in Krivyi Rih, Ukraine...
Black Iron Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -86.52K | -115.11K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.78M | -1.43M | -2.08M | -1.50M | -3.36M | -5.51M |
| Net Income | -1.89M | -1.48M | -2.13M | -1.58M | -3.42M | -5.90M |
Balance Sheet | ||||||
| Total Assets | 2.15M | 1.08M | 2.37M | 1.17M | 2.33M | 6.39M |
| Cash, Cash Equivalents and Short-Term Investments | 1.70M | 565.90K | 1.78M | 1.10M | 2.26M | 5.69M |
| Total Debt | 377.05K | 445.75K | 537.62K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.20M | 4.31M | 4.34M | 1.32M | 1.03M | 1.74M |
| Stockholders Equity | -2.05M | -3.23M | -1.97M | -153.95K | 1.31M | 4.66M |
Cash Flow | ||||||
| Free Cash Flow | -1.32M | -1.14M | -2.04M | -1.22M | -3.28M | -4.96M |
| Operating Cash Flow | -1.31M | -1.11M | -2.04M | -1.22M | -3.28M | -4.96M |
| Investing Cash Flow | 1.91K | -31.63K | 48.55K | 26.55K | 17.56K | -1.88K |
| Financing Cash Flow | 1.64M | -30.72K | 2.59M | 15.38K | 36.23K | 9.00M |
Black Iron Technical Analysis
Negative
0.09
Price Trends
0.11
Negative
0.11
Negative
0.12
Negative
Market Momentum
>-0.01
Positive
33.75
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BKI, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.75 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BKI.
Black Iron Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$98.08M | -53.73 | -7.59% | ― | ― | 67.00% | |
43 Neutral | C$29.91M | -10.28 | 64.30% | ― | ― | 13.40% | |
43 Neutral | C$63.73M | -4.88 | 55.96% | ― | ― | -11.41% | |
43 Neutral | C$67.59M | -6.63 | -119.88% | ― | ― | -4.15% | |
41 Neutral | C$38.09M | -2.02 | -40.38% | ― | -13.48% | 31.87% |
* Basic Materials Sector Average
TSE:BKI
Black Iron
0.09
-0.02
-22.73%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.