Savannah Resources Plc (SAV) Stock Rating Reaffirmed by Beaufort Securities
A number of other research firms have also recently weighed in on SAV. Panmure Gordon reissued a buy rating and issued 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. Northland Securities restated a corporate rating on shares of Savannah Resources Plc in a research report on Thursday, June 23rd. Shore Capital restated a buy rating on shares of Savannah Resources Plc in a research report on Thursday, August 11th. Finally, Mirabaud Securities restated a buy rating and issued a GBX 125 ($1.55) price target on shares of Savannah Resources Plc in a research report on Friday, July 8th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of GBX 90 ($1.11).
Savannah Resources Plc (LON:SAV) opened at 4.051 on Tuesday. The firm has a 50-day moving average of GBX 4.07 and a 200 day moving average of GBX 3.38. Savannah Resources Plc has a 52-week low of GBX 1.28 and a 52-week high of GBX 4.84. The firm’s market cap is GBX 15.60 million.
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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