Savannah Resources (LON:SAV - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 3.60 ($0.05) and last traded at GBX 3.60 ($0.05), with a volume of 421908 shares. The stock had previously closed at GBX 3.70 ($0.05).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 9 ($0.12) price objective on shares of Savannah Resources in a report on Tuesday, May 6th.
Check Out Our Latest Stock Report on SAV
Savannah Resources Price Performance
The company has a debt-to-equity ratio of 0.17, a quick ratio of 13.42 and a current ratio of 9.15. The company has a market capitalization of £82.15 million, a price-to-earnings ratio of -34.13 and a beta of 1.25. The company has a 50-day moving average price of GBX 4.57 and a 200-day moving average price of GBX 4.43.
Savannah Resources (LON:SAV - Get Free Report) last released its quarterly earnings data on Thursday, April 10th. The company reported GBX (0.22) ($0.00) earnings per share for the quarter. On average, equities research analysts expect that Savannah Resources will post 3.3898305 EPS for the current fiscal year.
About Savannah Resources
(
Get Free Report)
Savannah Resources Plc explores for and develops mineral properties. It holds interests in Mutamba heavy mineral sands project in Mozambique; copper and gold projects in the Sultanate of Oman; and lithium projects located in Somero and Eräjärvi in Finland. Savannah Resources also has a 75% stake in the Mina do Barroso Project in northern Portugal.
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