Northland Capital reiterated Savannah Resources (LON:SAV) to Corporate in a report released today.
- Updated: September 18, 2016
Northland Capital has reiterated Savannah Resources(LON:SAV) to Corporate in a report released on Thursday August 4 2016.
Yesterday Savannah Resources (LON:SAV) traded 6.06% lower at 3.53GBX. Savannah Resources’s 50-day average is 4.03GBX and its 200-day average is 3.12GBX. With the last close up 28.39% relative to the two hundred day moving average, compared to the S&P 500 which has fallen -0.01% over the same time period. Trade volume was was down over the average, with 595,790 shares of SAV changing hands under the typical 1,418,490 shares..
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Savannah Resources has a 52 week low of 1.28GBX and a one-year high of 4.84GBX and has a market cap of 0.0 GBX.
A total of 1 brokerage has released a report on the stock. Zero rate the stock a strong buy, 0 rate the company a buy, 0 firms rate the company a hold, 0 rate the company to underperform, and lastly 0 analystsrate the company as sell with a one year target of 4.90GBX
Brief Synopsis 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 and the Aarja and Bayda and Lasail deposits in Block 4.
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