Shares of Savannah Resources (LON:SAV - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 4.01 ($0.05) and traded as high as GBX 4.50 ($0.06). Savannah Resources shares last traded at GBX 4.30 ($0.06), with a volume of 3,636,981 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 8 target price on shares of Savannah Resources in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of GBX 8.
View Our Latest Stock Analysis on Savannah Resources
Savannah Resources Price Performance
The firm has a market cap of £100.76 million, a P/E ratio of -2,478.98 and a beta of 1.25. The company has a debt-to-equity ratio of 0.17, a current ratio of 9.15 and a quick ratio of 13.42. The firm's 50 day moving average is GBX 4.01 and its 200 day moving average is GBX 4.17.
Savannah Resources (LON:SAV - Get Free Report) last released its earnings results on Wednesday, September 24th. The company reported GBX (0.07) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Savannah Resources will post 3.3898305 earnings per share for the current 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.
Further Reading
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