Zacks Investment Research downgraded shares of Beadell Resources (OTCMKTS:BDREF) from a hold rating to a sell rating in a report released on Wednesday, September 12th.
According to Zacks, “Beadell Resources Limited is a gold producer. It owns and operates the Tucano gold mine primarily in Brazil. Beadell Resources Limited is based in West Perth, Australia. “
Separately, ValuEngine cut shares of Beadell Resources from a sell rating to a strong sell rating in a research note on Wednesday, August 15th.
Shares of OTCMKTS:BDREF remained flat at $$0.05 on Wednesday. Beadell Resources has a 1-year low of $0.04 and a 1-year high of $0.17.
Beadell Resources Company Profile
Beadell Resources Limited operates as a gold producer in Brazil and Australia. Its primary property is the Tucano gold mine covering an area of approximately 2,500 square kilometers of gold exploration tenements located in the Amapá state, northern Brazil. The company is headquartered in West Perth, Australia.
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