Beaufort Securities retained Savannah Resources (LON:SAV) to Speculative Buy in a report released today.
- Updated: September 25, 2016
Yesterday Savannah Resources (LON:SAV) traded -6.33% lower at 3.88GBX. The company’s 50-day moving average is 4.03GBX and its 200-day moving average is 3.19GBX. The last closing price is up 16.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,248,861 shares of the stock traded hands, up from an average trading volume of 1,433,110
Beaufort Securities has retained Savannah Resources (LON:SAV) to Speculative Buy in a report released on 9/26/2016.
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Savannah Resources has a 52 week low of 1.28GBX and a 52 week high of 4.84GBX The company’s market cap is currently 0 GBX.
Also covering Savannah Resources's price target, a total of 1 analyst has released a research note on the company. The average stock price target is 4.90GBX with 0 firms rating the stock a strong buy, 0 equity analysts rating the stock a buy, 0 analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Savannah Resources (LON:SAV)
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. The Company is developing its copper and gold portfolio in Oman towards production (Block 4, 5 and 6). The Company is advancing its Jangamo/Mutamba Heavy Mineral Sands Project in Mozambique. The Company has rights to approximately three blocks covering over 1,270 square kilometers in the Semail Ophiolite belt in the Sultanate of Oman. The three blocks are located approximately 180 kilometers northwest of Muscat, Oman. The Company's high priority areas include the Mahab 4 and Maqail South deposits in Block 5, and the Aarja and Bayda and Lasail deposits in Block 4.
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