Northland Securities Reiterates Corporate Rating for Savannah Resources (SAV)

Savannah Resources (LON:SAV)‘s stock had its “corporate” rating restated by equities research analysts at Northland Securities in a report issued on Tuesday, January 16th.

A number of other equities analysts have also weighed in on the stock. FinnCap reiterated a “corporate” rating and set a GBX 11 ($0.15) target price on shares of Savannah Resources in a research report on Wednesday, November 15th. Northland Capital Partners reiterated a “corporate” rating on shares of Savannah Resources in a research report on Wednesday, September 20th. Finally, Beaufort Securities reiterated a “speculative buy” rating on shares of Savannah Resources in a research report on Tuesday, January 16th. One equities research analyst has rated the stock with a hold rating, Savannah Resources presently has an average rating of “Hold” and a consensus target price of GBX 10.85 ($0.15).

Savannah Resources (LON:SAV) traded down GBX 0.15 ($0.00) during midday trading on Tuesday, reaching GBX 6 ($0.08). 515,004 shares of the company were exchanged, compared to its average volume of 532,867. Savannah Resources has a 1-year low of GBX 4.62 ($0.06) and a 1-year high of GBX 6.92 ($0.10). The stock has a market capitalization of $38.00 and a P/E ratio of -600.00.

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About Savannah Resources

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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