BC Iron released their quarterly production report yesterday and Macquarie retain an outperform rating on the stock

BC Iron released their quarterly production report yesterday and Macquarie retain an outperform rating on the stock. BCI Outperform - Higher prices offset softer shipments. Headline iron-ore shipments were below our expectations; this was due to one late shipment rather than anything of an operational concern. The low-grade processing trial is ongoing with results expected to be released in the next few months. BCI remains our preferred mid-cap iron-ore names with the company expected to generate its market capitalisation in free cash flow within four years.


2 topics

The Livewire Equities feed brings you a range of insights that relate to Australian equities

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.