Savannah Resources ( (GB:SAV) ) has provided an update.
Savannah Resources PLC has announced a change in its major holdings, as Grupo Lusiaves SGPS, S.A. has increased its voting rights in the company to 9.447206%. This acquisition of voting rights marks a significant shift in the company’s shareholder structure, potentially impacting its strategic decisions and stakeholder interests.
More about Savannah Resources
Savannah Resources PLC operates within the mining industry, focusing on the exploration and development of mineral resources. The company is known for its involvement in lithium and other mineral projects, aiming to supply essential materials for various industries, including technology and energy sectors.
YTD Price Performance: 12.64%
Average Trading Volume: 3,118,249
Technical Sentiment Signal: Strong Sell
Current Market Cap: £106.5M
See more insights into SAV stock on TipRanks’ Stock Analysis page.