Savannah Resources (LON:SAV - Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04), with a volume of 3759921 shares changing hands. The stock had previously closed at GBX 3.45 ($0.05).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 9 ($0.12) target price on shares of Savannah Resources in a research note on Tuesday, May 6th.
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Savannah Resources Trading Up 2.0%
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 cap of £70.77 million, a P/E ratio of -29.40 and a beta of 1.25. The stock has a 50-day moving average of GBX 4.01 and a two-hundred day moving average of GBX 4.36.
Savannah Resources (LON:SAV - Get Free Report) last issued its earnings results on Thursday, April 10th. The company reported GBX (0.22) ($0.00) EPS for the quarter. On average, equities research analysts predict that Savannah Resources will post 3.3898305 earnings per share for the current year.
About Savannah Resources
(
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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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