RBC Capital Markets cut Beadell Resources to "underperform" from "sector perform" with a price target at 10¢ from 15¢ previously.
"Due to the recent strong share price performance (+60 per cent since mid-September) and continued concerns around the balance sheet, we downgrade BDR to 'underperform' and lower our 12-month price target to 10¢ a share.
Loading...
Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
