Beacon Hill Resources Plc Receives Speculative Buy Rating from Beaufort Securities (BHR)
Beacon Hill Resources Plc (LON:BHR)‘s stock had its “speculative buy” rating restated by analysts at Beaufort Securities in a research report issued to clients and investors on Monday, StockRatingsNetwork.com reports.
BHR has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Beacon Hill Resources Plc (LON:BHR) from GBX 7 ($0.11) to GBX 6 ($0.10) in a research note to investors on Friday. They now have a “buy” rating on the stock.
Shares of Beacon Hill Resources Plc (LON:BHR) traded down 0.70% during mid-day trading on Monday, hitting GBX 2.115. 3,389,048 shares of the company’s stock traded hands. Beacon Hill Resources Plc has a one year low of GBX 1.90 and a one year high of GBX 5.615. The stock has a 50-day moving average of GBX 2.35 and a 200-day moving average of GBX 2.78.
Beacon Hill Resources Plc is engaged in mining, including the development, through investment. The Company, through its subsidiary Minas Moatize Limitada, owns and operates the Minas Moatize Coal Mine in the Tete Province of Mozambique.
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