Shares of Savannah Resources (LON:SAV - Get Free Report) hit a new 52-week low during mid-day 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 3272943 shares traded. The stock had previously closed at GBX 3.70 ($0.05).
Wall Street Analyst Weigh In
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 note on Tuesday, May 6th.
Check Out Our Latest Research Report on Savannah Resources
Savannah Resources Trading Down 2.7%
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 £78.03 million, a price-to-earnings ratio of -32.42 and a beta of 1.25. The company's fifty day moving average is GBX 4.29 and its two-hundred day moving average is GBX 4.41.
Savannah Resources (LON:SAV - Get Free Report) last posted its 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 EPS for the current year.
Savannah Resources Company Profile
(
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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.
Further Reading
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