Shares of Savannah Resources (LON:SAV – Get Free Report) dropped 1.2% during trading on Tuesday . The company traded as low as GBX 3.90 ($0.05) and last traded at GBX 4 ($0.05). Approximately 4,718,841 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 3,961,291 shares. The stock had previously closed at GBX 4.05 ($0.05).
Savannah Resources Trading Down 2.2 %
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’s 50-day moving average is GBX 4 and its two-hundred day moving average is GBX 3.79. The firm has a market cap of £85.93 million, a P/E ratio of -17.00 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.
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