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Savannah Resources ( (GB:SAV) ) has issued an update.
Savannah Resources announced its interim results for the first half of 2025, highlighting significant progress in the Barroso Lithium Project. The project achieved ‘Strategic Project’ status, reflecting its importance to the European lithium industry. Key developments include an upgraded JORC Resource estimate, advancements in environmental licensing, and infrastructure planning. The company also strengthened its strategic partnerships and financial position, with plans to complete the Definitive Feasibility Study by 2026 and start production by 2028. The announcement underscores Savannah’s pivotal role in the European lithium market and its contributions to regional economic growth.
The most recent analyst rating on (GB:SAV) stock is a Buy with a £8.00 price target. To see the full list of analyst forecasts on Savannah Resources stock, see the GB:SAV Stock Forecast page.
More about Savannah Resources
Savannah Resources Plc is a company focused on developing the Barroso Lithium Project in Portugal. The project is recognized as a ‘Strategic Project’ under the European Critical Raw Materials Act, highlighting its importance in supplying lithium raw materials to the European Battery Value Chain.
Average Trading Volume: 2,357,239
Technical Sentiment Signal: Strong Buy
Current Market Cap: £100.5M
For a thorough assessment of SAV stock, go to TipRanks’ Stock Analysis page.