Savannah Resources (LON:SAV) Stock Rating Reaffirmed by FinnCap

FinnCap restated their corporate rating on shares of Savannah Resources (LON:SAV) in a research note released on Wednesday, June 26th, ThisIsMoney.Co.Uk reports.

Savannah Resources stock remained flat at $GBX 4.60 ($0.06) during midday trading on Wednesday. The company had a trading volume of 893,799 shares, compared to its average volume of 548,776. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.62 and a quick ratio of 3.52. Savannah Resources has a 12 month low of GBX 4.35 ($0.06) and a 12 month high of GBX 10 ($0.13). The firm has a market capitalization of $48.18 million and a price-to-earnings ratio of -11.50. The firm’s 50-day simple moving average is GBX 4.92.

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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