Savannah Resources (LON:SAV) Releases Quarterly Earnings Results

Savannah Resources (LON:SAV) posted its quarterly earnings data on Thursday. The company reported GBX (0.22) ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Savannah Resources Trading Up 6.7 %

Shares of SAV traded up GBX 0.35 ($0.00) during trading hours on Thursday, hitting GBX 5.55 ($0.07). 3,514,779 shares of the stock were exchanged, compared to its average volume of 3,606,294. Savannah Resources has a fifty-two week low of GBX 3.20 ($0.04) and a fifty-two week high of GBX 5.70 ($0.07). 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 business has a 50-day moving average of GBX 4.55 and a 200-day moving average of GBX 4.28. The firm has a market capitalization of £120.26 million, a P/E ratio of -49.97 and a beta of 1.25.

Savannah Resources Company Profile

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.