Savannah Resources (LON:SAV) Sets New 52-Week High – What’s Next?

Savannah Resources (LON:SAVGet Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.79 ($0.06), with a volume of 4108222 shares. The stock had previously closed at GBX 5 ($0.06).

Savannah Resources Stock Up 1.4 %

The company has a debt-to-equity ratio of 0.17, a current ratio of 9.15 and a quick ratio of 13.42. The company has a market capitalization of £107.30 million, a price-to-earnings ratio of -44.58 and a beta of 1.25. The firm’s fifty day moving average price is GBX 4.40 and its 200-day moving average price is GBX 4.22.

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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