Savannah Resources Plc (LON:SAV)‘s stock had its “speculative buy” rating reissued by equities research analysts at Beaufort Securities in a research note issued on Tuesday.
A number of other equities analysts have also commented on SAV. Northland Securities reiterated a “corporate” rating on shares of Savannah Resources Plc in a report on Thursday, August 4th. Mirabaud Securities reiterated a “buy” rating and set a GBX 125 ($1.55) price target 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 research note on Thursday, August 11th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 70 ($0.87) target price (down previously from GBX 75 ($0.93)) on shares of Savannah Resources Plc in a research note on Tuesday, July 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 90 ($1.11).
Shares of Savannah Resources Plc (LON:SAV) opened at 4.125 on Tuesday. The company’s market cap is GBX 15.89 million. Savannah Resources Plc has a 12 month low of GBX 1.28 and a 12 month high of GBX 4.84. The firm’s 50 day moving average is GBX 4.06 and its 200 day moving average is GBX 3.37.
About Savannah Resources Plc
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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