Shares of Savannah Resources (LON:SAV - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04), with a volume of 3759921 shares. The stock had previously closed at GBX 3.45 ($0.05).
Analyst Ratings Changes
Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 9 ($0.12) price target on shares of Savannah Resources in a research note on Tuesday, May 6th.
Get Our Latest Stock Report on Savannah Resources
Savannah Resources Stock Performance
The firm has a 50-day moving average of GBX 3.95 and a two-hundred day moving average of GBX 4.35. The company has a quick ratio of 13.42, a current ratio of 9.15 and a debt-to-equity ratio of 0.17. The company has a market capitalization of £71.53 million, a PE ratio of -29.72 and a beta of 1.25.
Savannah Resources (LON:SAV - Get Free Report) last issued its quarterly earnings results on Thursday, April 10th. The company reported GBX (0.22) ($0.00) earnings per share (EPS) for the quarter. Research analysts anticipate that Savannah Resources will post 3.3898305 EPS 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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