Savannah Resources (LON:SAV) Issues Earnings Results

Savannah Resources (LON:SAV) announced its quarterly earnings data on Wednesday. The company reported GBX (0.36) ($0.00) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX (0.30) ($0.00) by GBX (0.06) ($0.00), Digital Look Earnings reports.

Shares of SAV stock traded up GBX 0.11 ($0.00) on Friday, reaching GBX 1.01 ($0.01). The company had a trading volume of 1,934,845 shares, compared to its average volume of 548,776. The stock has a market cap of $13.12 million and a PE ratio of -2.02. Savannah Resources has a 12 month low of GBX 1.26 ($0.02) and a 12 month high of GBX 6.24 ($0.08). The company has a 50-day moving average of GBX 1.78 and a 200-day moving average of GBX 2.25. The company has a current ratio of 2.39, a quick ratio of 2.28 and a debt-to-equity ratio of 0.14.

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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