Savannah Resources (LON:SAV – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 4.01 ($0.05) and traded as high as GBX 4.08 ($0.05). Savannah Resources shares last traded at GBX 3.95 ($0.05), with a volume of 14,892,333 shares.
Savannah Resources Price Performance
The business has a fifty day moving average of GBX 4 and a two-hundred day moving average of GBX 3.85. The company has a debt-to-equity ratio of 0.17, a quick ratio of 13.42 and a current ratio of 9.15. The firm has a market capitalization of £85.72 million, a price-to-earnings ratio of -17.00 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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