Shares of Savannah Resources (LON:SAV - Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 3.40 ($0.05) and last traded at GBX 3.56 ($0.05), with a volume of 950638 shares traded. The stock had previously closed at GBX 3.60 ($0.05).
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 9 ($0.12) target price on shares of Savannah Resources in a research report on Tuesday, May 6th.
Check Out Our Latest Stock Analysis on Savannah Resources
Savannah Resources Trading Down 1.1%
The company has a 50 day moving average of GBX 4.16 and a 200-day moving average of GBX 4.40. The stock has a market cap of £77.17 million, a price-to-earnings ratio of -32.06 and a beta of 1.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 13.42 and a current ratio of 9.15.
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. On average, research analysts anticipate that Savannah Resources will post 3.3898305 earnings per share for the current year.
Savannah Resources Company Profile
(
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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