Shares of Savannah Resources (LON:SAV - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.38 ($0.06) and traded as low as GBX 3.40 ($0.05). Savannah Resources shares last traded at GBX 3.40 ($0.05), with a volume of 1,191,610 shares.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued 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 Analysis on Savannah Resources
Savannah Resources Stock Performance
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 £75.87 million, a PE ratio of -31.52 and a beta of 1.25. The business's 50-day moving average is GBX 4.07 and its 200 day moving average is GBX 4.38.
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 for the quarter. On average, equities research analysts predict 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
