BCI Minerals (ASX:BCI) Stock Price Crosses Above 50 Day Moving Average of $0.17

BCI Minerals Ltd (ASX:BCI) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.17 and traded as high as $0.17. BCI Minerals shares last traded at $0.17, with a volume of 438,101 shares changing hands.

The stock has a market capitalization of $63.83 million and a price-to-earnings ratio of 5.00. The firm has a fifty day moving average of A$0.17 and a 200-day moving average of A$0.18.

About BCI Minerals (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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