Savannah Resources (LON:SAV - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.41 ($0.06) and traded as low as GBX 3.60 ($0.05). Savannah Resources shares last traded at GBX 3.60 ($0.05), with a volume of 3,272,943 shares.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 9 ($0.12) price objective on shares of Savannah Resources in a research note on Tuesday, May 6th.
Read Our Latest Stock Analysis on Savannah Resources
Savannah Resources Trading Down 2.8%
The stock's 50 day moving average is GBX 4.25 and its two-hundred day moving average is GBX 4.41. The company has a market capitalization of £75.87 million, a PE ratio of -31.52 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.
Savannah Resources (LON:SAV - Get Free Report) last released its quarterly earnings data on Thursday, April 10th. The company reported GBX (0.22) ($0.00) earnings per share for the quarter. As a group, sell-side analysts predict that Savannah Resources will post 3.3898305 EPS for the current fiscal year.
Savannah Resources Company Profile
(
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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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