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 released on Monday morning, ThisIsMoney.Co.Uk reports.

Shares of Savannah Resources stock opened at GBX 2.08 ($0.03) on Monday. Savannah Resources has a 12-month low of GBX 2.90 ($0.04) and a 12-month high of GBX 8.39 ($0.11). The stock has a market cap of $21.74 million and a P/E ratio of -5.19. The company has a quick ratio of 3.52, a current ratio of 3.62 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is GBX 3.53 and its 200-day moving average is GBX 4.79.

About Savannah Resources

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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