BC Iron Limited Rating Increased to Outperform at Commonwealth Bank (BCI)
BC Iron Limited (ASX:BCI) was upgraded by analysts at Commonwealth Bank to an “outperform” rating in a research report issued to clients and investors on Monday, American Banking News.com reports.
BC Iron Limited (ASX:BCI) traded up 1.51% during mid-day trading on Monday, hitting A$4.710. 258,221 shares of the company’s stock traded hands. BC Iron Limited has a 52 week low of A$2.240 and a 52 week high of A$4.180. The stock’s 50-day moving average is A$3.19 and its 200-day moving average is A$3.36. The company has a market cap of A$580.6 million and a P/E ratio of 10.82.
BC Iron Limited (ASX:BCI) is an iron ore mining company with operations in the Pilbara in Western Australia.
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