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 changing hands. The stock had previously closed at GBX 3.60 ($0.05).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 9 ($0.12) price target on shares of Savannah Resources in a research report on Tuesday, May 6th.
Get Our Latest Research Report on SAV
Savannah Resources Stock Performance
The firm has a 50-day moving average price of GBX 4.07 and a 200 day moving average price of GBX 4.38. The firm has a market capitalization of £75.87 million, a PE ratio of -31.52 and a beta of 1.25. The company has a quick ratio of 13.42, a current ratio of 9.15 and a debt-to-equity ratio of 0.17.
Savannah Resources (LON:SAV - Get Free Report) last released its earnings results on Thursday, April 10th. The company reported GBX (0.22) ($0.00) earnings per share (EPS) for the quarter. Research analysts expect 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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