BCI Minerals (ASX:BCI) Shares Pass Below 50 Day Moving Average of $0.20

Shares of BCI Minerals Ltd (ASX:BCI) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.20 and traded as low as $0.18. BCI Minerals shares last traded at $0.18, with a volume of 100,516 shares trading hands.

The stock’s fifty day moving average price is A$0.20. The stock has a market cap of $71.57 million and a P/E ratio of 15.00.

BCI Minerals Company Profile (ASX:BCI)

BCI Minerals Limited engages in the exploration and development of mineral assets in Australia. It explores for salt, sulphate of potash, iron ore, and potash deposits. The company owns a 100% interest in the Mardie salt project, which is located on the northwest coast of Western Australia. It also owns interests in the Buckland iron ore project comprising mines at Bungaroo South and Kumina located in the West Pilbara region of Western Australia; and Iron Valley mine located in the Central Pilbara.

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