Breaking Finance News

Savannah Resources (LON:SAV) has been retained to Speculative Buy in a statement by Beaufort Securities earlier today.

Having a price of 5.25GBX, Savannah Resources (LON:SAV) traded 3.91% higher on the day. With the last close down 5.89% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. SAV has recorded a 50-day average of 5.20GBX and a two hundred day average of 5.28GBX. Trade Volume was down over the average, with 570,553 shares of SAV changing hands under the typical 813,474

Beaufort Securities has retained Savannah Resources (LON:SAV) to Speculative Buy in a statement released on 11/15/2017.

Recent Performance Chart

Savannah Resources (LON:SAV)

Savannah Resources has 52 week low of 3.93GBX and a 52 week high of 7.50GBX and has a market capitalization of 0 GBX.

In addition to Beaufort Securities reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is 4.90GBX with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

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 the Aarja and Bayda and Lasail deposits in Block 4.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *