Savannah Resources Plc (LON:SAV)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at Beaufort Securities in a research report issued to clients and investors on Tuesday.
Other analysts have also issued research reports about the stock. Panmure Gordon reiterated a “buy” rating and issued a GBX 70 ($0.87) target price (down previously from GBX 75 ($0.94)) on shares of Savannah Resources Plc in a research report on Tuesday, July 26th. Shore Capital reiterated a “buy” rating on shares of Savannah Resources Plc in a research report on Thursday, August 11th. Finally, Northland Securities reiterated a “corporate” rating on shares of Savannah Resources Plc in a research report on Tuesday, November 8th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Savannah Resources Plc has an average rating of “Buy” and an average target price of GBX 90 ($1.12).
Shares of Savannah Resources Plc (LON:SAV) traded up 7.69% during mid-day trading on Tuesday, reaching GBX 7.00. 1,898,532 shares of the company’s stock traded hands. The company’s 50 day moving average is GBX 4.69 and its 200 day moving average is GBX 3.88. Savannah Resources Plc has a 12-month low of GBX 1.28 and a 12-month high of GBX 7.15. The company’s market cap is GBX 26.96 million.