Savannah Resources (LON:SAV) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Posted by Tyrone Williams on May 27th, 2026

Shares of Savannah Resources (LON:SAV – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4.82 and traded as high as GBX 7.30. Savannah Resources shares last traded at GBX 7.29, with a volume of 1,752,691 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SAV shares. Deutsche Bank Aktiengesellschaft reissued a “speculative buy” rating and set a GBX 13 price target on shares of Savannah Resources in a research report on Friday, May 15th. Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 1,300 price target on shares of Savannah Resources in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 656.50.

View Our Latest Report on SAV

Savannah Resources Stock Performance

The company has a current ratio of 5.60, a quick ratio of 13.42 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of £175.04 million, a price-to-earnings ratio of -37.78 and a beta of 0.70. The company has a 50-day moving average of GBX 5.74 and a 200-day moving average of GBX 4.84.

Savannah Resources (LON:SAV – Get Free Report) last posted its quarterly earnings results on Thursday, April 16th. The company reported GBX (0.18) earnings per share (EPS) for the quarter. On average, equities research analysts forecast that Savannah Resources will post 3.3898305 earnings per share for the current fiscal year.

Savannah Resources Company Profile

(Get Free Report)

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.