Shares of Savannah Resources (LON:SAV - Get Free Report) were down 7.2% during trading on Wednesday . The company traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). Approximately 3,759,921 shares were traded during trading, an increase of 30% from the average daily volume of 2,893,406 shares. The stock had previously closed at GBX 3.45 ($0.05).
Analyst Ratings Changes
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 9 ($0.12) price objective on shares of Savannah Resources in a report on Tuesday, May 6th.
Read Our Latest Stock Report on Savannah Resources
Savannah Resources Trading Up 3.1%
The stock has a market cap of £71.53 million, a PE ratio of -29.72 and a beta of 1.25. The business's fifty day moving average is GBX 3.92 and its 200 day moving average is GBX 4.34. 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 quarterly earnings data on Thursday, April 10th. The company reported GBX (0.22) ($0.00) EPS for the quarter. As a group, analysts predict 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.
Featured Articles
Before you consider Savannah Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Savannah Resources wasn't on the list.
While Savannah Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.