Beacon Hill Resources Plc Stock Rating Reaffirmed by Beaufort Securities (BHR)
Beacon Hill Resources Plc (LON:BHR)‘s stock had its “speculative buy” rating reaffirmed by investment analysts at Beaufort Securities in a note issued to investors on Monday, American Banking and Market News reports.
Shares of Beacon Hill Resources Plc (LON:BHR) traded up 1.38% during mid-day trading on Monday, hitting GBX 0.882. The stock had a trading volume of 2,751,775 shares. Beacon Hill Resources Plc has a 52-week low of GBX 0.76 and a 52-week high of GBX 5.615. The stock has a 50-day moving average of GBX 0.94 and a 200-day moving average of GBX 1.51.
A number of other analysts have also recently weighed in on BHR. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Beacon Hill Resources Plc in a research note to investors on Thursday, January 9th. They now have a GBX 1.50 ($0.02) price target on the stock.
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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