Savannah Resources Plc Increases Again; Strong Momentum for Buyers

 Savannah Resources Plc Increases Again; Strong Momentum for Buyers

The stock of Savannah Resources Plc (LON:SAV) is a huge mover today! The stock increased 6.30% or GBX 0.26 on November 3, hitting GBX 4.39. About 3.10M shares traded hands or 25.00% up from the average. Savannah Resources Plc (LON:SAV) has risen 109.52% since April 5, 2016 and is uptrending. It has outperformed by 108.31% the S&P500.
The move comes after 5 months positive chart setup for the GBX 20.40M company. It was reported on Nov, 3 by Barchart.com. We have GBX 11.77 PT which if reached, will make LON:SAV worth GBX 34.27M more.

Savannah Resources Plc (LON:SAV) Ratings Coverage

Out of 5 analysts covering Savannah Resources (LON:SAV), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Savannah Resources has been the topic of 64 analyst reports since September 8, 2015 according to StockzIntelligence Inc. Beaufort Securities maintained the shares of SAV in a report on Monday, December 14 with “Speculative Buy” rating. The rating was maintained by Northland Capital with “Corporate” on Wednesday, October 14. The rating was maintained by Beaufort Securities with “Speculative Buy” on Friday, September 18. The rating was maintained by Northland Capital on Thursday, May 26 with “Corporate”. The firm has “Corporate” rating given on Friday, September 25 by Northland Capital. The rating was maintained by Northland Capital with “Corporate” on Thursday, February 18. Shore Capital maintained Savannah Resources Plc (LON:SAV) on Thursday, August 11 with “Buy” rating. As per Wednesday, December 9, the company rating was maintained by Northland Capital. The rating was maintained by Northland Capital with “Corporate” on Monday, October 24. As per Tuesday, July 12, the company rating was maintained by Northland Capital.

Savannah Resources Plc is a United Kingdom multi -commodity and multi-geographic development company. The company has a market cap of 20.40 million GBP. The Company’s principal activities include the exploration for copper in Oman and enhancement of the Company’s heavy mineral sands Project in Mozambique. It currently has negative earnings. The Company’s divisions include Oman Copper, Mozambique Mineral Sands, Headquarter administration and corporate, and Investments.

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