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Beaufort Securities initiated coverage on shares of Sunrise Resources Plc (LON:SRES) in a research note issued on Friday, American Banking News reports. The firm set a “speculative buy” rating on the stock.

Shares of Sunrise Resources Plc (LON:SRES) traded down 5.26% during mid-day trading on Friday, hitting GBX 0.45. 10,000 shares of the company’s stock traded hands. Sunrise Resources Plc has a one year low of GBX 0.45 and a one year high of GBX 0.76. The stock has a 50-day moving average of GBX 0.49 and a 200-day moving average of GBX 0.53.

Several other analysts have also recently commented on the stock. Analysts at Northland Capital Partners reiterated a “corporate” rating on shares of Sunrise Resources Plc in a research note on Thursday.

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