Beaufort Securities Trims Savannah Resources (LON:SAV) Target Price to GBX 9.60

Savannah Resources (LON:SAV) had its target price trimmed by Beaufort Securities from GBX 10.70 ($0.15) to GBX 9.60 ($0.13) in a report issued on Tuesday, February 20th. The brokerage currently has a speculative buy rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Northland Securities reissued a corporate rating on shares of Savannah Resources in a research report on Monday, February 12th. FinnCap reaffirmed a corporate rating and issued a GBX 11 ($0.15) price target on shares of Savannah Resources in a report on Monday, February 12th. Finally, Northland Capital Partners reiterated a corporate rating on shares of Savannah Resources in a research note on Thursday, January 25th. One investment analyst has rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of GBX 20.53 ($0.28).

Shares of Savannah Resources (SAV) remained flat at $GBX 5.95 ($0.08) on Tuesday. The company had a trading volume of 35,477 shares, compared to its average volume of 570,314. Savannah Resources has a twelve month low of GBX 4.62 ($0.06) and a twelve month high of GBX 6.92 ($0.10). The stock has a market cap of $35.97 and a PE ratio of -595.00.

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Savannah Resources Company Profile

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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