FinnCap Reaffirms Corporate Rating for Savannah Resources (LON:SAV)

FinnCap restated their corporate rating on shares of Savannah Resources (LON:SAV) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.

SAV opened at GBX 2.05 ($0.03) on Monday. The business has a 50 day moving average price of GBX 3.59 and a two-hundred day moving average price of GBX 4.81. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.62 and a quick ratio of 3.52. Savannah Resources has a 1-year low of GBX 2.90 ($0.04) and a 1-year high of GBX 8.39 ($0.11). The company has a market capitalization of $21.47 million and a price-to-earnings ratio of -5.13.

Savannah Resources Company Profile

Savannah Resources Plc explores for and develops mineral properties. It holds interests in Mutamba heavy mineral sands project in Mozambique; copper and gold projects in the Sultanate of Oman; and lithium projects located in Somero and Eräjärvi in Finland. Savannah Resources also has a 75% stake in the Mina do Barroso Project in northern Portugal.

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