Savannah Resources’ (SAV) Under Review Rating Reaffirmed at Shore Capital
Savannah Resources (LON:SAV)‘s stock had its “under review” rating reiterated by stock analysts at Shore Capital in a report issued on Monday.
Several other equities analysts have also recently weighed in on the company. FinnCap restated a “corporate” rating and set a GBX 11 ($0.15) price target on shares of Savannah Resources in a report on Tuesday, January 16th. Barclays initiated coverage on Savannah Resources in a report on Monday, February 19th. They set an “overweight” rating and a GBX 41 ($0.57) price target for the company. Northland Securities restated a “corporate” rating on shares of Savannah Resources in a report on Monday, December 18th. Finally, Beaufort Securities restated a “speculative buy” rating on shares of Savannah Resources in a report on Wednesday, November 22nd. One investment analyst has rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 20.53 ($0.28).
Savannah Resources (SAV) opened at GBX 5.92 ($0.08) on Monday. The firm has a market capitalization of $35.15 and a P/E ratio of -592.00. Savannah Resources has a 1-year low of GBX 4.62 ($0.06) and a 1-year high of GBX 6.92 ($0.10).
About Savannah Resources
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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