Savannah Resources’ (SAV) Corporate Rating Reaffirmed at FinnCap

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

SAV stock opened at GBX 3.45 ($0.05) on Tuesday. 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 company has a market capitalization of $36.14 million and a price-to-earnings ratio of -8.63. Savannah Resources has a 12 month low of GBX 3.30 ($0.04) and a 12 month high of GBX 9.50 ($0.12). The firm has a 50 day moving average of GBX 4.43 and a two-hundred day moving average of GBX 5.11.

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.

See Also: Outstanding Shares

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