Shares of Savannah Resources (LON:SAV - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.45 ($0.06) and traded as low as GBX 3.90 ($0.05). Savannah Resources shares last traded at GBX 4 ($0.05), with a volume of 1,079,236 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 9 ($0.12) price target on shares of Savannah Resources in a report on Tuesday, May 6th.
Check Out Our Latest Analysis on Savannah Resources
Savannah Resources Stock Down 5.0%
The company has a market cap of £82.37 million, a price-to-earnings ratio of -34.22 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. The business has a fifty day moving average of GBX 4.78 and a two-hundred day moving average of GBX 4.46.
Savannah Resources (LON:SAV - Get Free Report) last posted its quarterly earnings data on Thursday, April 10th. The company reported GBX (0.22) ($0.00) EPS for the quarter. As a group, equities analysts anticipate that Savannah Resources will post 3.3898305 EPS for the current fiscal 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.
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