What is the price-to-earnings ratio of Black Iron?
The price-earnings ratio of Black Iron is currently -10.72.
Black Iron P/E 2024
Black Iron P/E
-10.72
Ticker
BKI.TO
ISIN
CA09214V1040
WKN
A1H8W5
As of Dec 1, 2024, Black Iron's P/E ratio was -10.72, a 70.7% change from the -6.28 P/E ratio recorded in the previous year.
The Black Iron P/E history
Black Iron Aktienanalyse
What does Black Iron do?
Black Iron Inc. is a Canadian mining company specialized in the exploration and development of iron ore deposits. The company was founded in 2010 and has been headquartered in Toronto since then. The history of Black Iron Inc. began with the discovery of the Shymanivske iron ore deposit in Ukraine in 2011. This deposit contains high-quality iron ore with a high iron content of up to 68%. In 2012, Black Iron Inc. applied for a mining license for this deposit and started planning a mine. The business model of Black Iron Inc. is based on the development of iron ore deposits in Ukraine. The company utilizes state-of-the-art technologies and processes to extract and process the iron ore. Black Iron Inc. places great emphasis on sustainability and environmental compatibility. Black Iron Inc. has various divisions, each responsible for specific aspects of mining. The Mining division is in charge of efficiently developing the deposits and ensuring smooth operation of the mine. The Exploration division is responsible for the search for new iron ore deposits and the assessment of their potential. The Technical division develops and optimizes procedures and technologies to make mining more efficient and environmentally friendly. Black Iron Inc. offers various products that can be derived from the iron ore. The most important product is pig iron, which is used in steel production. In addition to pig iron, Black Iron Inc. also produces sponge iron, which is used in the production of rails, wire, and other steel products. In the future, the company also plans to produce fertilizers from the iron ore. In 2013, Black Iron Inc. entered into an agreement with Metinvest, a Ukrainian mining company. This agreement stipulates that Metinvest finances the development and operation of the mine and, in return, receives a share in the production. This partnership allows Black Iron Inc. to reduce the risk and cost of mine development. Black Iron Inc. aims to become one of the largest iron ore producers in Ukraine. The company works closely with government authorities, local communities, and environmental organizations to ensure that mining is sustainable and environmentally friendly. Overall, Black Iron Inc. has made significant progress in the development of the Shymanivske deposit in recent years. The company is well positioned to benefit from the increasing demand for steel in emerging economies such as China and India. With its modern technologies and processes, experienced management team, and strong partners, Black Iron Inc. is on track to become a major player in global iron ore production. Black Iron ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Black Iron's P/E Ratio
The Price to Earnings (P/E) Ratio of Black Iron is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Black Iron's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Black Iron is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Black Iron’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Black Iron stock
How has the price-earnings ratio of Black Iron changed compared to last year?
The price-to-earnings ratio of Black Iron has increased by 70.7% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Black Iron high compared to other companies?
Yes, the price-to-earnings ratio of Black Iron is high compared to other companies.
How does an increase in the price-earnings ratio of Black Iron affect the company?
An increase in the price-earnings ratio of Black Iron would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Black Iron affect the company?
A decrease in the price-earnings ratio of Black Iron would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Black Iron?
Some factors that influence the price-earnings ratio of Black Iron are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Black Iron pay?
Over the past 12 months, Black Iron paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Black Iron is expected to pay a dividend of 0 USD.
What is the dividend yield of Black Iron?
The current dividend yield of Black Iron is .
When does Black Iron pay dividends?
Black Iron pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Black Iron?
Black Iron paid dividends every year for the past 0 years.
What is the dividend of Black Iron?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Black Iron located?
Black Iron is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Black Iron kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Black Iron from 12/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/1/2024.
When did Black Iron pay the last dividend?
The last dividend was paid out on 12/1/2024.
What was the dividend of Black Iron in the year 2023?
In the year 2023, Black Iron distributed 0 USD as dividends.
In which currency does Black Iron pay out the dividend?
The dividends of Black Iron are distributed in USD.
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Andere Kennzahlen von Black Iron
Our stock analysis for Black Iron Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Black Iron Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
