Beadell Resources (BDREF) Stock Rating Lowered by Zacks Investment Research

Beadell Resources (NASDAQ:BDREF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.

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. “

Beadell Resources (NASDAQ:BDREF) traded up 0.000% during mid-day trading on Monday, hitting $0.205. The firm’s 50-day moving average is $0.24 and its 200 day moving average is $0.27. The firm has a market capitalization of $216.80 million and a P/E ratio of 12.059. Beadell Resources has a 52 week low of $0.17 and a 52 week high of $0.40.

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