Beacon Hill Resources Plc Stock Rating Reaffirmed by Canaccord Genuity (BHR)
Beacon Hill Resources Plc (LON:BHR)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity in a report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 1.50 ($0.02) price objective on the stock. Canaccord Genuity’s price objective points to a potential upside of 72.41% from the company’s current price.
Shares of Beacon Hill Resources Plc (LON:BHR) traded up 2.90% on Monday, hitting GBX 0.8952. 1,535,345 shares of the company’s stock traded hands. Beacon Hill Resources Plc has a 1-year low of GBX 0.76 and a 1-year high of GBX 5.615. The stock has a 50-day moving average of GBX 0.95 and a 200-day moving average of GBX 1.53.
BHR has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Beacon Hill Resources Plc in a research note to investors on Monday.
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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