Savannah Resources (SAV) Receives “Corporate” Rating from Northland Securities

Northland Securities reissued their corporate rating on shares of Savannah Resources (LON:SAV) in a research report sent to investors on Wednesday morning.

Several other brokerages have also recently commented on SAV. FinnCap restated a corporate rating and issued a GBX 11 ($0.16) target price on shares of Savannah Resources in a research report on Wednesday, February 28th. 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. Finally, Barclays began coverage on shares of Savannah Resources in a research report on Monday, February 19th. They issued an overweight rating and a GBX 41 ($0.59) target price for the company. One research analyst has rated the stock with a hold rating and one has issued a buy rating to the stock. Savannah Resources has a consensus rating of Buy and a consensus target price of GBX 20.53 ($0.29).

Shares of LON:SAV opened at GBX 5.30 ($0.08) on Wednesday. Savannah Resources has a 12 month low of GBX 4.62 ($0.07) and a 12 month high of GBX 6.92 ($0.10).

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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. The company was formerly known as African Mining and Exploration plc and changed its name to Savannah Resources Plc in September 2013.

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