Savannah Resources (LON:SAV) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Savannah Resources (LON:SAVGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4.11 ($0.05) and traded as low as GBX 4.10 ($0.05). Savannah Resources shares last traded at GBX 4.16 ($0.05), with a volume of 797,297 shares traded.

Savannah Resources Trading Up 1.2 %

The company’s fifty day moving average is GBX 4.29 and its two-hundred day moving average is GBX 4.11. 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 stock has a market cap of £94.29 million, a price-to-earnings ratio of -39.18 and a beta of 1.25.

Savannah Resources Company Profile

(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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