Savannah Resources’ (SAV) “Corporate” Rating Reiterated at FinnCap

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FinnCap reiterated their corporate rating on shares of Savannah Resources (LON:SAV) in a research note released on Wednesday, ThisIsMoney.Co.Uk reports.

LON:SAV opened at GBX 5.40 ($0.07) on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.10 and a quick ratio of 0.88. Savannah Resources has a 1-year low of GBX 4.67 ($0.06) and a 1-year high of GBX 13.50 ($0.18). The firm has a market capitalization of $47.60 million and a P/E ratio of -13.50.

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.

See Also: Diversification

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