Savannah Resources (LON:SAV - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.43 ($0.06) and traded as low as GBX 4.20 ($0.06). Savannah Resources shares last traded at GBX 4.35 ($0.06), with a volume of 6,123,325 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 9 ($0.12) price target on shares of Savannah Resources in a research report on Tuesday, May 6th.
View Our Latest Report on Savannah Resources
Savannah Resources Stock Performance
The stock has a market capitalization of £94.29 million, a PE ratio of -39.18 and a beta of 1.25. The company has a quick ratio of 13.42, a current ratio of 9.15 and a debt-to-equity ratio of 0.17. The business's 50-day moving average is GBX 4.83 and its two-hundred day moving average is GBX 4.43.
Savannah Resources (LON:SAV - Get Free Report) last announced its quarterly earnings results on Thursday, April 10th. The company reported GBX (0.22) ($0.00) earnings per share for the quarter. On average, analysts anticipate that Savannah Resources will post 3.3898305 earnings per share 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.
See Also
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