Does Savannah Resources Plc Have Any Gas After Today’s Huge Increase?

 Does Savannah Resources Plc Have Any Gas After Today's Huge Increase?

The stock of Savannah Resources Plc (LON:SAV) is a huge mover today! The stock decreased 0.57% or GBX 0.04 on November 28, hitting GBX 6.96. About 1.70 million shares traded hands. Savannah Resources Plc (LON:SAV) has risen 185.71% since April 28, 2016 and is uptrending. It has outperformed by 179.70% the S&P500.
The move comes after 6 months positive chart setup for the GBX 32.25 million company. It was reported on Nov, 28 by Barchart.com. We have GBX 7.17 PT which if reached, will make LON:SAV worth GBX 967,500 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. GBX 125 is the highest target while GBX 70 is the lowest. The GBX 97.50 average target is 1300.86% above today’s (GBX 6.96) stock price. Savannah Resources has been the topic of 69 analyst reports since September 8, 2015 according to StockzIntelligence Inc. The firm earned “Speculative Buy” rating on Friday, February 19 by Beaufort Securities. On Tuesday, October 11 the stock rating was maintained by Beaufort Securities with “Speculative Buy”. The firm has “Corporate” rating by Northland Capital given on Monday, September 26. The firm has “Speculative Buy” rating given on Tuesday, September 8 by Beaufort Securities. As per Friday, November 13, the company rating was maintained by Beaufort Securities. The rating was maintained by Beaufort Securities on Tuesday, October 13 with “Speculative Buy”. The rating was maintained by Northland Capital on Monday, October 19 with “Corporate”. The firm has “Buy” rating given on Thursday, August 11 by Shore Capital. Beaufort Securities maintained the shares of SAV in a report on Thursday, November 5 with “Speculative Buy” rating. Beaufort Securities maintained the shares of SAV in a report on Friday, April 1 with “Speculative Buy” rating.

Savannah Resources Plc is a United Kingdom multi -commodity and multi-geographic development company. The company has a market cap of 32.25 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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