Savannah Resources Plc (SAV) Given Speculative Buy Rating at Beaufort Securities
A number of other brokerages have also issued reports on SAV. Panmure Gordon reiterated a buy rating and set a GBX 70 ($0.87) price target (down from GBX 75 ($0.93)) on shares of Savannah Resources Plc in a research note on Tuesday, July 26th. Northland Securities reiterated a corporate rating on shares of Savannah Resources Plc in a research note on Thursday, July 28th. Shore Capital reiterated a buy rating on shares of Savannah Resources Plc in a research note on Thursday, August 11th. Finally, Mirabaud Securities reiterated a buy rating and set a GBX 125 ($1.55) price target on shares of Savannah Resources Plc in a research note on Friday, July 8th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Savannah Resources Plc has a consensus rating of Buy and a consensus price target of GBX 90 ($1.11).
Shares of Savannah Resources Plc (LON:SAV) opened at 4.2499 on Tuesday. Savannah Resources Plc has a 12-month low of GBX 1.28 and a 12-month high of GBX 4.84. The stock’s market cap is GBX 16.37 million. The firm’s 50-day moving average price is GBX 4.06 and its 200-day moving average price is GBX 3.36.
Savannah Resources Plc Company Profile
Savannah Resources Plc is a United Kingdom-based multi -commodity and multi-geographic development company. The Company’s principal activities include the exploration for copper in Oman and enhancement of the Company’s heavy mineral sands Project in Mozambique. The Company’s segments include Oman Copper, Mozambique Mineral Sands, Headquarter administration and corporate, and Investments.
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