Separately, Northland Securities reaffirmed a corporate rating on shares of Savannah Resources in a research report on Thursday, December 13th. One research analyst has rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of GBX 23.53 ($0.31).
Shares of SAV opened at GBX 5.90 ($0.08) on Monday. Savannah Resources has a fifty-two week low of GBX 4.62 ($0.06) and a fifty-two week 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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