Savannah Resources Plc (SAV) Earns Speculative Buy Rating from Beaufort Securities
Savannah Resources Plc (LON:SAV)‘s stock had its “speculative buy” rating reiterated by equities researchers at Beaufort Securities in a research report issued on Tuesday.
SAV has been the subject of several other reports. Northland Securities reissued a “corporate” rating on shares of Savannah Resources Plc in a report on Tuesday, July 12th. Mirabaud Securities reissued a “buy” rating and issued a GBX 125 ($1.55) price objective on shares of Savannah Resources Plc in a report on Friday, July 8th. Shore Capital reissued a “buy” rating on shares of Savannah Resources Plc in a report on Thursday, August 11th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 70 ($0.87) price objective (down from GBX 75 ($0.93)) on shares of Savannah Resources Plc in a report on Tuesday, July 26th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently 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 4.25 on Tuesday. The firm’s 50-day moving average is GBX 4.05 and its 200 day moving average is GBX 3.35. The firm’s market cap is GBX 16.37 million. Savannah Resources Plc has a 52 week low of GBX 1.28 and a 52 week 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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