FinnCap Reaffirms “Corporate” Rating for Savannah Resources (LON:SAV)

FinnCap reiterated their corporate rating on shares of Savannah Resources (LON:SAV) in a research report report published on Monday, November 18th, ThisIsMoney.Co.Uk reports.

Shares of LON:SAV traded up GBX 0.10 ($0.00) during trading on Monday, reaching GBX 2.30 ($0.03). 1,821 shares of the company’s stock traded hands, compared to its average volume of 548,776. Savannah Resources has a fifty-two week low of GBX 1.90 ($0.02) and a fifty-two week high of GBX 6.60 ($0.09). The company has a quick ratio of 2.28, a current ratio of 2.39 and a debt-to-equity ratio of 0.14. The firm has a market cap of $29.84 million and a PE ratio of -4.60. The company has a 50-day simple moving average of GBX 2.31 and a 200-day simple moving average of GBX 3.60.

Savannah Resources Company Profile

Savannah Resources Plc explores for and develops mineral properties. It holds interests in Mutamba heavy mineral sands project in Mozambique; copper and gold projects in the Sultanate of Oman; and lithium projects located in Somero and Eräjärvi in Finland. Savannah Resources also has a 75% stake in the Mina do Barroso Project in northern Portugal.

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