Savannah Resources Plc (SAV) Receives GBX 26 Consensus PT from Analysts
Shares of Savannah Resources Plc (LON:SAV) have received a consensus recommendation of “Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 26 ($0.36).
SAV has been the subject of several research reports. Northland Securities restated a “corporate” rating on shares of Savannah Resources in a research report on Monday, March 5th. FinnCap restated a “corporate” rating and set a GBX 11 ($0.15) price objective on shares of Savannah Resources in a research report on Wednesday, December 13th. Beaufort Securities reiterated a “speculative buy” rating on shares of Savannah Resources in a research report on Monday, December 18th. Barclays started coverage on shares of Savannah Resources in a research report on Monday, February 19th. They issued an “overweight” rating and a GBX 41 ($0.57) price target for the company. Finally, Northland Capital Partners reiterated a “corporate” rating on shares of Savannah Resources in a research report on Monday, February 12th.
Shares of Savannah Resources stock remained flat at $GBX 5.95 ($0.08) during mid-day trading on Friday. The company had a trading volume of 210,671 shares, compared to its average volume of 548,776. The stock has a market capitalization of $36.06 and a price-to-earnings ratio of -595.00. Savannah Resources has a 12 month low of GBX 4.62 ($0.06) and a 12 month high of GBX 6.92 ($0.10).
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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