Savannah Resources (SAV) Receives Speculative Buy Rating from Beaufort Securities

Savannah Resources (LON:SAV)‘s stock had its “speculative buy” rating restated by equities researchers at Beaufort Securities in a research report issued to clients and investors on Thursday.

SAV has been the topic of several other research reports. FinnCap reiterated a “corporate” rating and set a GBX 11 ($0.15) price objective on shares of Savannah Resources in a report on Wednesday, November 15th. Northland Securities restated a “corporate” rating on shares of Savannah Resources in a research note on Thursday, October 26th. One analyst has rated the stock with a hold rating, The stock has a consensus rating of “Hold” and an average target price of GBX 10.85 ($0.15).

Savannah Resources (SAV) remained flat at $GBX 6.20 ($0.08) during trading hours on Thursday. 602,253 shares of the stock traded hands, compared to its average volume of 566,802. Savannah Resources has a twelve month low of GBX 4.62 ($0.06) and a twelve month high of GBX 6.92 ($0.09). The firm has a market cap of $40.15 and a P/E ratio of -620.00.

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Savannah Resources 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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