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BCI Minerals Ltd (BIRNF) Receives a Buy from Canaccord Genuity

BCI Minerals Ltd (BIRNF) Receives a Buy from Canaccord Genuity

Canaccord Genuity analyst James Bullen maintained a Buy rating on BCI Minerals Ltd (BIRNF – Research Report) on April 30 and set a price target of A$0.49. The company's shares closed last Thursday at $0.15.
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Bullen covers the Energy sector, focusing on stocks such as Paladin Energy Ltd, Deep Yellow Limited, and Amplitude Energy. According to TipRanks, Bullen has an average return of -8.5% and a 34.09% success rate on recommended stocks.
BCI Minerals Ltd has an analyst consensus of Hold.
BIRNF market cap is currently $530.5M and has a P/E ratio of 62.76.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BIRNF in relation to earlier this year.
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