Shore Capital Reaffirms “Under Review” Rating for Savannah Resources (SAV)

Savannah Resources (LON:SAV)‘s stock had its “under review” rating restated by stock analysts at Shore Capital in a research report issued on Monday.

Several other analysts have also recently commented on the company. FinnCap restated a “corporate” rating and issued a GBX 11 ($0.15) target price on shares of Savannah Resources in a research report on Tuesday, January 16th. Barclays started coverage on Savannah Resources in a research report on Monday, February 19th. They issued an “overweight” rating and a GBX 41 ($0.57) target price on the stock. Northland Securities restated a “corporate” rating on shares of Savannah Resources in a research report on Monday, December 18th. Finally, Beaufort Securities restated a “speculative buy” rating on shares of Savannah Resources in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a hold rating and one has issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 20.53 ($0.28).

Savannah Resources (SAV) remained flat at $GBX 5.95 ($0.08) on Monday. 284,933 shares of the company were exchanged, compared to its average volume of 584,891. Savannah Resources has a 1-year low of GBX 4.62 ($0.06) and a 1-year high of GBX 6.92 ($0.10). The stock has a market capitalization of $34.96 and a price-to-earnings ratio of -595.00.

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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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