Savannah Resources (LON:SAV) Shares Cross Above Fifty Day Moving Average of $3.95

Savannah Resources (LON:SAVGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 3.95 ($0.05) and traded as high as GBX 4.20 ($0.06). Savannah Resources shares last traded at GBX 4 ($0.05), with a volume of 588,718 shares trading hands.

Savannah Resources Trading Down 1.2 %

The company has a quick ratio of 13.42, a current ratio of 3.62 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average price is GBX 3.95 and its 200-day moving average price is GBX 3.62. The stock has a market capitalization of £86.80 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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