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Last update at 2024-11-20T19:32:00Z
Black Iron Announces 2023 AGM Results and Provides Project Update
Tue 13 Jun 23, 09:00 PMBlack Iron Announces 2022 AGM Results and Project Update
Thu 30 Jun 22, 04:57 PMRAB Capital Discloses Investment in Black Iron Inc.
Wed 02 Mar 22, 12:00 AMBlack Iron Progresses Offtake Discussions and Updates PEA
Mon 02 Mar 20, 11:00 PMBlack Iron Closes First Funding
Fri 27 Sep 19, 01:27 PMBlack Iron Renews Access Agreements for Port and Power & Provides Project Update
Wed 05 Jun 19, 12:30 PMBlack Iron Appoints Cutfield Freeman as International Financial Advisor
Tue 21 May 19, 12:30 PMBlack Iron Renews Letter of Intent for Key Rail Capacity for the Shymanivske Project
Thu 09 May 19, 12:30 PMBlack Iron Signs MOU With Glencore for Funding Construction of the Shymanivske Iron Ore Project
Wed 20 Feb 19, 01:30 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | -3.44020M | -5.82749M | -9.07784M | -2.89804M | -2.12453M |
Minority interest | - | - | - | - | - |
Net income | -3.42253M | -5.81218M | -14.73298M | -3.23418M | -2.16175M |
Selling general administrative | 1.33M | 3.15M | 2.02M | 1.69M | 1.46M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | - | - | - | - | 0.00000M |
Reconciled depreciation | 0.00354M | 0.00319M | 0.00328M | 0.00411M | 0.01M |
Ebit | -3.45787M | -5.78481M | -2.71017M | -2.35823M | -2.08731M |
Ebitda | -3.45432M | -5.78162M | -2.70689M | -2.35411M | -2.07471M |
Depreciation and amortization | 0.00354M | 0.00319M | 0.00328M | 0.00411M | 0.01M |
Non operating income net other | - | - | - | - | - |
Operating income | -3.45787M | -5.78481M | -2.71017M | -2.35823M | -2.08731M |
Other operating expenses | 3.48M | 5.80M | 2.71M | 2.36M | 2.11M |
Interest expense | 0.02M | 0.06M | 0.71M | 0.20M | 0.04M |
Tax provision | - | - | - | - | - |
Interest income | 0.04M | 0.05M | 6.36M | 0.54M | 0.02M |
Net interest income | 0.02M | -0.05387M | -0.32728M | -0.14654M | 0.00059M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | -0.01767M | -0.01530M | 5.66M | 0.34M | 0.04M |
Total revenue | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total operating expenses | 3.48M | 5.80M | 2.71M | 2.36M | 2.11M |
Cost of revenue | - | - | - | - | 0.00000M |
Total other income expense net | 0.02M | -0.04268M | -6.36767M | -0.53981M | -0.03722M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | -3.44020M | -5.82749M | -9.07784M | -2.89804M | -2.12453M |
Net income applicable to common shares | -3.44020M | -5.82749M | -9.07784M | -2.89804M | -2.12453M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 1.17M | 2.33M | 6.39M | 1.79M | 1.39M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 0.00007M | - | - | - | - |
Total liab | 1.32M | 1.03M | 1.74M | 7.52M | 3.12M |
Total stockholder equity | -0.15395M | 1.31M | 4.66M | -5.73046M | -1.73132M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 0.28M | 0.05M | 0.91M | 0.06M | 0.03M |
Common stock | 84.24M | 84.14M | 84.09M | 72.56M | 68.32M |
Capital stock | 84.24M | 84.14M | 84.09M | 72.56M | 68.32M |
Retained earnings | -86.49520M | -88.61767M | -85.38321M | -79.55572M | -70.60486M |
Other liab | - | - | - | 6.52M | 1.23M |
Good will | - | - | - | - | - |
Other assets | - | - | 0.00000M | 0.04M | 0.30M |
Cash | 1.10M | 2.26M | 5.69M | 1.67M | 0.99M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 1.32M | 1.03M | 1.74M | 0.61M | 0.40M |
Current deferred revenue | - | - | - | - | - |
Net debt | -1.09934M | -2.26351M | -5.69480M | -1.54400M | -0.81608M |
Short term debt | - | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Short long term debt | - | - | - | - | - |
Short long term debt total | - | - | - | 0.12M | 0.17M |
Other stockholder equity | 2.29M | 5.97M | 5.97M | 1.26M | 0.55M |
Property plant equipment | - | 0.00360M | 0.00700M | 0.00419M | 0.00272M |
Total current assets | 1.17M | 2.33M | 6.39M | 1.75M | 1.09M |
Long term investments | - | - | - | - | - |
Net tangible assets | - | 1.31M | 4.66M | -5.73046M | -1.73132M |
Short term investments | - | - | - | - | 0.00000M |
Net receivables | 0.07M | 0.06M | 0.69M | 0.08M | 0.10M |
Long term debt | - | - | 0.00000M | 0.39M | 1.49M |
Inventory | -0.00007M | - | - | - | - |
Accounts payable | 1.04M | 0.98M | 0.83M | 0.56M | 0.37M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -0.18738M | -0.19015M | -0.01768M | - | - |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 72.56M | 68.32M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | - | - | - | 0.04M | 0.30M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 0.00155M | 0.00360M | 0.00700M | 0.05M | 0.30M |
Capital lease obligations | - | - | - | - | - |
Long term debt total | - | 0.00000M | 0.00000M | 0.39M | 1.49M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | 0.02M | -0.00188M | -0.00005M | 0.34M | 1.23M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | 0.02M | -0.00188M | -0.00005M | 0.34M | 1.23M |
Net borrowings | - | -0.01546M | 0.38M | 2.04M | 2.04M |
Total cash from financing activities | 0.04M | 9.00M | 2.29M | 2.74M | 2.74M |
Change to operating activities | -0.05002M | 0.41M | 0.32M | -0.01150M | 0.07M |
Net income | -3.44020M | -5.82749M | -9.07784M | -2.89804M | -2.12453M |
Change in cash | -3.43129M | 4.03M | 0.68M | 0.88M | -0.72607M |
Begin period cash flow | 5.69M | 1.67M | 0.99M | 0.11M | 0.84M |
End period cash flow | 2.26M | 5.69M | 1.67M | 0.99M | 0.11M |
Total cash from operating activities | -3.27907M | -4.95655M | -1.71480M | -2.23003M | -1.92949M |
Issuance of capital stock | 0.00000M | 9.13M | 1.31M | 1.19M | - |
Depreciation | 0.00354M | 0.00319M | 0.00328M | 0.00411M | 0.01M |
Other cashflows from investing activities | 0.02M | 0.00411M | 0.00471M | 0.00368M | 0.00059M |
Dividends paid | - | - | - | - | - |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | 0.04M | 9.83M | 2.07M | 1.19M | - |
Other cashflows from financing activities | 0.02M | -0.10191M | 0.98M | 1.55M | 1.23M |
Change to netincome | 0.21M | 0.45M | 6.66M | 0.62M | 0.11M |
Capital expenditures | 0.00015M | 0.00599M | 0.00476M | 0.00444M | 0.00539M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -0.05002M | 0.41M | 0.32M | -0.01150M | 0.07M |
Stock based compensation | 0.23M | 0.34M | 0.79M | 0.16M | 0.08M |
Other non cash items | -0.01770M | 0.12M | 6.25M | 0.51M | 0.03M |
Free cash flow | -3.27921M | -4.96254M | -1.71955M | -2.23446M | -1.93488M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|
BKI Black Iron Inc. |
-0.015 15.00% | 0.09 | - | - | - | 58.26 | -9.4814 |
IVN Ivanhoe Mines Ltd. |
-0.085 0.45% | 18.61 | 109.35 | 21.37 | - | 3.68 | 130.80 |
FIL Filo Mining Corp |
-0.01 0.03% | 32.79 | - | - | - | 100.26 | -44.2126 |
FOM Foran Mining Corporation |
-0.02 0.46% | 4.30 | - | - | - | 2.29 | -131.2641 |
NGEX NGEx Minerals Ltd. |
-0.09 0.71% | 12.60 | - | - | - | - |
Black Iron Inc. engages in the exploration and development of ferrous metals in Ukraine. The company holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. Black Iron Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.
198 Davenport Road, Toronto, ON, Canada, M5R 1J2
Name | Title | Year Born |
---|---|---|
Mr. Matthew Simpson M.B.A., P.Eng. | CEO & Director | NA |
Mr. Paul Sandor Bozoki CA, MBA | Chief Financial Officer | 1972 |
Mr. Stefan Gueorguiev | Chief Operating Officer | 1966 |
Mr. Stan Bharti C.Eng, DIC, M.Sc., P.Eng | Exec. Officer | 1952 |
Mr. William S. Hart | Sr. VP of Corp. Devel. | NA |
Mr. Kenny Choi | Corp. Sec. | 1991 |
Mr. Stan Bharti C.Eng, DIC, M.Sc., P.Eng | Executive Officer | 1952 |
Mr. William S. Hart | Senior Vice President of Corporate Development | NA |
Mr. Kenny Choi | Corporate Secretary | 1991 |
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