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Savannah Resources Plc 114.4% Potential Upside Indicated by finnCap

Savannah Resources Plc using EPIC/TICKER code (LON:SAV) a multi-commodity exploration and development company focused on Mozambique and Oman had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘CORPORATE’ this morning by analysts at finnCap. Savannah Resources Plc are listed in the Basic Materials sector within AIM. finnCap have set their target price at 11 GBX on its stock. This now indicates the analyst believes there is a possible upside of 114.4% from today’s opening price of 5.13 GBX. Over the last 30 and 90 trading days the company share price has increased 0.13 points and decreased 0.62 points respectively. The 52 week high for the share price is currently at 7.5 GBX while the 52 week low is 3.5 GBX.

Savannah Resources Plc has a 50 day moving average of GBX and a 200 Day Moving Average share price is recorded at . There are currently 559,625,951 shares in issue with the average daily volume traded being 12,350. Market capitalisation for LON:SAV is £28,680,830 GBP.

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