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Savannah Resources (LON:SAV) target price held steady at 10.70GBX, reported today by Beaufort Securities

Savannah Resources (LON:SAV) had its target price hold steady to 10.70GBX by Beaufort Securities in a report released 10/17/2017. The new target price indicates steady performance relative to the company's last stock close price.

Previously on Monday October 16, 2017, Beaufort Securities reported about Savannah Resources (LON:SAV) raised the target price from 0.00GBX to 10.70GBX. At the time, this indicated a possible upside of 1.04%.

Yesterday Savannah Resources (LON:SAV) traded 0.00% even at 0.00GBX. The company’s 50-day moving average is 5.17GBX and its 200-day moving average is 5.28GBX. The last stock close price is down -2.98% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 1,875,442 shares of the stock were exchanged, up from an average trading volume of 839,697

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Savannah Resources (LON:SAV)

Savannah Resources has a 52 week low of 3.90GBX and a 52 week high of 7.50GBX The company’s market cap is currently 0 GBX.

In addition to Beaufort Securities reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is 4.90GBX with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms 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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