Shares of Savannah Resources (LON:SAV – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.50 ($0.06), with a volume of 11719574 shares trading hands. The stock had previously closed at GBX 4.40 ($0.06).
Savannah Resources Stock Performance
The company’s 50-day moving average is GBX 4.35 and its 200 day moving average is GBX 4.19. The company has a current ratio of 9.15, a quick ratio of 13.42 and a debt-to-equity ratio of 0.17. The firm has a market cap of £101.88 million, a PE ratio of -42.33 and a beta of 1.25.
About Savannah Resources
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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