Savannah Resources Plc (SAV) Stock Rating Reaffirmed by Beaufort Securities
Savannah Resources Plc (LON:SAV)‘s stock had its “speculative buy” rating reiterated by research analysts at Beaufort Securities in a research report issued to clients and investors on Thursday.
Several other brokerages have also recently issued reports on SAV. Panmure Gordon reiterated a “buy” rating and issued a GBX 70 ($0.91) price objective (down previously from GBX 75 ($0.98)) 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 issued a GBX 125 ($1.63) price objective on shares of Savannah Resources Plc in a research note on Friday, July 8th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Savannah Resources Plc currently has a consensus rating of “Buy” and a consensus price target of GBX 90 ($1.17).
Savannah Resources Plc (LON:SAV) opened at 4.25 on Thursday. The company has a 50-day moving average of GBX 4.02 and a 200 day moving average of GBX 3.17. The firm’s market cap is GBX 15.16 million. Savannah Resources Plc has a one year low of GBX 1.28 and a one year high of GBX 4.84.
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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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