Savannah Resources (LON:SAV - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.43 ($0.06) and traded as low as GBX 3.65 ($0.05). Savannah Resources shares last traded at GBX 3.75 ($0.05), with a volume of 969,556 shares traded.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 9 ($0.12) target price on shares of Savannah Resources in a research note on Tuesday, May 6th.
View Our Latest Research Report on Savannah Resources
Savannah Resources Price Performance
The stock has a market cap of £81.28 million, a PE ratio of -33.77 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 company's 50 day moving average is GBX 4.47 and its 200-day moving average is GBX 4.43.
Savannah Resources (LON:SAV - Get Free Report) last released its quarterly earnings results on Thursday, April 10th. The company reported GBX (0.22) ($0.00) earnings per share (EPS) for the quarter. As a group, sell-side 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.
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