Why the BCI Minerals (ASX:BCI) share price reached a multi-year high today
Aaron Teboneras | December 14, 2020 4:15pm |
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BCI Minerals Ltd(ASX: BCI) share price has surged higher today. This came after the company announced the approval of a loan for its Mardie Salt & Potash Project. During morning trade, the BCI Minerals share price reached a multi-year high of 30.5 cents. By the market’s close, the company’s shares had slightly retraced back to 30 cents, up 7.1% for the day.
What’s driving the BCI Minerals share price higher?
The BCI Minerals share price was on the move today after investors digested the company’s positive announcement.