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Savannah Resources (LON:SAV) Stock Price Up 1.2% - Here's Why

Savannah Resources logo with Basic Materials background

Savannah Resources (LON:SAV - Get Free Report)'s stock price was up 1.2% during mid-day trading on Monday . The stock traded as high as GBX 4.40 ($0.06) and last traded at GBX 4.30 ($0.05). Approximately 1,265,860 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 3,877,649 shares. The stock had previously closed at GBX 4.25 ($0.05).

Savannah Resources Stock Down 2.3 %

The company has a quick ratio of 13.42, a current ratio of 9.15 and a debt-to-equity ratio of 0.17. The firm has a 50 day simple moving average of GBX 4.03 and a 200-day simple moving average of GBX 3.93. The stock has a market cap of £91.14 million, a P/E ratio of -17.00 and a beta of 1.25.

About Savannah Resources

(Get Free Report)

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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