Savannah Resources (SAV) Receives “Corporate” Rating from FinnCap
Savannah Resources (LON:SAV)‘s stock had its “corporate” rating reissued by stock analysts at FinnCap in a research note issued to investors on Wednesday. They presently have a GBX 11 ($0.15) target price on the stock. FinnCap’s price objective would indicate a potential upside of 82.12% from the stock’s previous close.
SAV has been the topic of a number of other research reports. Northland Securities reiterated a “corporate” rating on shares of Savannah Resources in a research note on Monday, August 21st. Beaufort Securities reiterated a “speculative buy” rating on shares of Savannah Resources in a research note on Wednesday, November 15th. Finally, Northland Capital Partners reiterated a “corporate” rating on shares of Savannah Resources in a research note on Wednesday, September 20th. One investment analyst has rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of GBX 10.85 ($0.15).
Shares of Savannah Resources (LON:SAV) traded up GBX 0.16 ($0.00) during midday trading on Wednesday, hitting GBX 6.04 ($0.08). The stock had a trading volume of 1,400,000 shares, compared to its average volume of 649,335. Savannah Resources has a one year low of GBX 4.62 ($0.06) and a one year high of GBX 6.92 ($0.09).
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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