Savannah Resources (LON:SAV) had its price objective trimmed by Beaufort Securities from GBX 10.70 ($0.15) to GBX 9.60 ($0.13) in a research report report published on Tuesday. The brokerage currently has a speculative buy rating on the stock.
Other equities research analysts also recently issued reports about the company. Northland Securities reaffirmed a corporate rating on shares of Savannah Resources in a report on Thursday, January 25th. Northland Capital Partners reaffirmed a corporate rating on shares of Savannah Resources in a report on Thursday, January 25th. FinnCap reaffirmed a corporate rating and set a GBX 11 ($0.15) target price on shares of Savannah Resources in a report on Monday, February 12th. Finally, Barclays assumed coverage on Savannah Resources in a report on Monday. They set an overweight rating and a GBX 41 ($0.57) target price for the company. One investment analyst has rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 20.53 ($0.28).
Shares of Savannah Resources (LON SAV) opened at GBX 6 ($0.08) on Tuesday. Savannah Resources has a fifty-two week low of GBX 4.62 ($0.06) and a fifty-two week high of GBX 6.92 ($0.10). The company has a market capitalization of $38.86 and a price-to-earnings ratio of -600.00.
Savannah Resources Company Profile
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.
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