Savannah Resources Plc (SAV) Receives Consensus Rating of “Buy” from Brokerages

Savannah Resources Plc (LON:SAV) has received a consensus recommendation of “Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 26 ($0.36).

A number of research analysts recently weighed in on the company. Beaufort Securities reissued a “speculative buy” rating on shares of Savannah Resources in a research note on Thursday, January 25th. Northland Securities reissued a “corporate” rating on shares of Savannah Resources in a research note on Thursday, January 25th. Northland Capital Partners reissued a “corporate” rating on shares of Savannah Resources in a research note on Thursday, January 25th. FinnCap reissued a “corporate” rating and issued a GBX 11 ($0.15) price objective on shares of Savannah Resources in a research note on Wednesday, February 21st. Finally, Shore Capital reissued an “under review” rating on shares of Savannah Resources in a research note on Monday, March 12th.

Shares of Savannah Resources stock remained flat at $GBX 5.95 ($0.08) during mid-day trading on Friday. 670,100 shares of the company traded hands, compared to its average volume of 548,776. Savannah Resources has a 12 month low of GBX 4.62 ($0.06) and a 12 month high of GBX 6.92 ($0.10). The firm has a market capitalization of $36.06 and a P/E ratio of -595.00.

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About Savannah Resources

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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