Several other analysts have also commented on SAV. Barclays initiated coverage on shares of Savannah Resources in a research report on Monday, February 19th. They set an overweight rating and a GBX 41 ($0.55) price target on the stock. Beaufort Securities cut their target price on Savannah Resources from GBX 10.70 ($0.14) to GBX 9.60 ($0.13) and set a speculative buy rating on the stock in a research report on Tuesday, February 20th. Northland Securities reissued a corporate rating on shares of Savannah Resources in a research report on Monday, February 26th. Northland Capital Partners reaffirmed a corporate rating on shares of Savannah Resources in a research report on Thursday, April 5th. Finally, Shore Capital reiterated an under review rating on shares of Savannah Resources in a research note on Monday, March 12th. One research analyst has rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 20.53 ($0.27).
Shares of Savannah Resources stock opened at GBX 12.88 ($0.17) on Thursday. Savannah Resources has a twelve month low of GBX 4.62 ($0.06) and a twelve month high of GBX 6.92 ($0.09).
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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