Savannah Resources (LON:SAV) had its target price dropped by Beaufort Securities from GBX 10.70 ($0.15) to GBX 9.60 ($0.13) in a research report issued on Tuesday. The firm currently has a “speculative buy” rating on the stock. Beaufort Securities’ price objective points to a potential upside of 57.38% from the company’s previous close.
SAV has been the topic of several other reports. FinnCap reissued a “corporate” rating and issued a GBX 11 ($0.15) target price on shares of Savannah Resources in a research report on Wednesday, November 15th. Northland Securities reissued a “corporate” rating on shares of Savannah Resources in a research report on Thursday, October 26th. Northland Capital Partners reissued a “corporate” rating on shares of Savannah Resources in a research report on Monday, February 12th. Finally, Barclays assumed coverage on shares of Savannah Resources in a report on Monday. They issued an “overweight” rating and a GBX 41 ($0.57) price target on the stock. One research analyst has rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently 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 6.10 ($0.08) on Tuesday. Savannah Resources has a 12-month low of GBX 4.62 ($0.06) and a 12-month high of GBX 6.92 ($0.10). The stock has a market cap of $39.80 and a P/E ratio of -610.00.
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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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