Savannah Resources (LON:SAV - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.45 ($0.06) and traded as low as GBX 4.20 ($0.06). Savannah Resources shares last traded at GBX 4.37 ($0.06), with a volume of 531,871 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 9 ($0.12) target price on shares of Savannah Resources in a research note on Tuesday, May 6th.
View Our Latest Analysis on SAV
Savannah Resources Trading Down 8.2%
The stock has a 50 day simple moving average of GBX 4.81 and a 200-day simple moving average of GBX 4.46. The firm has a market capitalization of £84.54 million, a P/E ratio of -35.12 and a beta of 1.25. The company has a current ratio of 9.15, a quick ratio of 13.42 and a debt-to-equity ratio of 0.17.
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 for the quarter. On average, equities research analysts forecast that Savannah Resources will post 3.3898305 EPS for the current fiscal year.
About Savannah Resources
(
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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