Savannah Resources (LON:SAV) has been retained to Speculative Buy in a statement by Beaufort Securities earlier today.
- Updated: September 24, 2016
Beaufort Securities has retained Savannah Resources (LON:SAV) to Speculative Buy in a statement released on 9/22/2016.
Boasting a price of 4.13GBX, Savannah Resources (LON:SAV) traded -4.24% lower on the day. With the last close up 23.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Savannah Resources has recorded a 50-day average of 4.03GBX and a two hundred day average of 3.19GBX. Volume of trade was down over the average, with 677,694 shares of SAV changing hands under the typical 1,433,110
With a total market value of 0 GBX, Savannah Resources has with a one year low of 1.28GBX and a one year high of 4.84GBX .
A total of 1 analyst has released a research note on SAV. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 4.90GBX.
More 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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