Key Points
- Emanuel Proença bought 235,000 shares on November 21 at an average price of GBX 3 per share, a transaction valued at about £7,050.
- Savannah shares opened at GBX 3.60 (up about 7.5%), with a market cap of £83.14m, a negative trailing P/E of -20.45, 50‑day/200‑day SMAs of GBX 4.03/3.89, very high liquidity (current ratio 9.15, quick ratio 13.42) and low debt-to-equity (0.17).
- Analyst sentiment is positive: Canaccord Genuity reiterated a speculative buy with a GBX 8 target and MarketBeat lists an average "Buy" rating/GBX 8 target; the company develops mineral projects in Mozambique, Oman, Finland and holds 75% of the Mina do Barroso project in Portugal.
Savannah Resources (LON:SAV - Get Free Report) insider Emanuel Proença bought 235,000 shares of the business's stock in a transaction that occurred on Friday, November 21st. The shares were acquired at an average price of GBX 3 per share, with a total value of £7,050.
Savannah Resources Stock Up 7.5%
SAV opened at GBX 3.60 on Wednesday. The firm's 50 day simple moving average is GBX 4.03 and its two-hundred day simple moving average is GBX 3.89. The company has a market capitalization of £83.14 million, a PE ratio of -20.45 and a beta of 1.25. Savannah Resources has a 1-year low of GBX 3.10 and a 1-year high of GBX 5.70. The company has a current ratio of 9.15, a quick ratio of 13.42 and a debt-to-equity ratio of 0.17.
Savannah Resources (LON:SAV - Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The company reported GBX (0.07) earnings per share (EPS) for the quarter. As a group, equities analysts forecast that Savannah Resources will post 3.3898305 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 8 price target on shares of Savannah Resources in a research report on Monday, September 15th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 8.
Check Out Our Latest Stock Analysis on SAV
Savannah Resources Company Profile
(
Get Free Report)
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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