Savannah Resources (LON:SAV)‘s stock had its “corporate” rating reissued by investment analysts at Northland Securities in a research report issued to clients and investors on Monday.
Several other brokerages also recently commented on SAV. Northland Capital Partners restated a “corporate” rating on shares of Savannah Resources in a research report on Thursday, January 25th. Beaufort Securities restated a “speculative buy” rating on shares of Savannah Resources in a research report on Tuesday, January 16th. FinnCap restated a “corporate” rating and set a GBX 11 ($0.15) price objective on shares of Savannah Resources in a research report on Tuesday, January 16th. Finally, Barclays assumed coverage on shares of Savannah Resources in a research report on Monday, February 19th. They set an “overweight” rating and a GBX 41 ($0.57) price objective on the stock. One equities research analyst has rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 20.53 ($0.28).
Shares of Savannah Resources (SAV) opened at GBX 6.40 ($0.09) on Monday. The company has a market cap of $43.59 and a price-to-earnings ratio of -640.00. Savannah Resources has a 52-week low of GBX 4.62 ($0.06) and a 52-week high of GBX 6.92 ($0.10).
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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