Savannah Resources’ (SAV) “Speculative Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their speculative buy rating on shares of Savannah Resources (LON:SAVFree Report) in a research report released on Friday morning, MarketBeat.com reports. They currently have a GBX 13 price objective on the stock.

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 11 price objective on shares of Savannah Resources in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Savannah Resources presently has a consensus rating of “Buy” and a consensus price target of GBX 12.

Read Our Latest Stock Report on SAV

Savannah Resources Stock Performance

Shares of SAV opened at GBX 6.90 on Friday. The firm has a market capitalization of £177.62 million, a PE ratio of -38.33 and a beta of 0.70. The company has a quick ratio of 13.42, a current ratio of 5.60 and a debt-to-equity ratio of 1.38. The firm has a 50-day moving average price of GBX 5.42 and a 200 day moving average price of GBX 4.68. Savannah Resources has a 52-week low of GBX 3.10 and a 52-week high of GBX 7.70.

Savannah Resources (LON:SAVGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The company reported GBX (0.18) EPS for the quarter. On average, sell-side analysts anticipate that Savannah Resources will post 3.3898305 earnings per share for the current fiscal year.

Savannah Resources Company Profile

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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. Savannah Resources also has a 75% stake in the Mina do Barroso Project in northern Portugal. The company was formerly known as African Mining and Exploration plc and changed its name to Savannah Resources Plc in September 2013. Savannah Resources Plc was incorporated in 2010 and is based in London, the United Kingdom.

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