Savannah Resources (LON:SAV) had its price target increased by FinnCap from GBX 20 ($0.26) to GBX 22 ($0.29) in a report published on Monday, ThisIsMoney.Co.Uk reports. FinnCap currently has a corporate rating on the stock.

Shares of SAV stock opened at GBX 5.78 ($0.08) on Monday. Savannah Resources has a 52 week low of GBX 4.67 ($0.06) and a 52 week high of GBX 13.50 ($0.18). The firm has a market capitalization of $49.52 million and a P/E ratio of -14.45. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.19.

Savannah Resources Company Profile

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.

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