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Savannah Resources
(LSE:SAV)
Savannah Resources (SAV) vs. iShares MSCI United Kingdom ETF (EWC)
Savannah Resources Business Overview & Revenue Model
Savannah Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -113.40K | -48.48K | -22.09K | -23.46K | -35.37K | -44.66K |
| EBITDA | -4.26M | -4.37M | -3.43M | -2.66M | -3.48M | -2.48M |
| Net Income | -3.84M | -4.24M | -3.62M | -2.86M | -3.52M | -8.33M |
Balance Sheet | ||||||
| Total Assets | 42.22M | 42.73M | 30.79M | 26.37M | 28.90M | 21.73M |
| Cash, Cash Equivalents and Short-Term Investments | 10.04M | 17.00M | 9.03M | 7.21M | 13.03M | 2.61M |
| Total Debt | 759.48K | 379.06K | 56.38K | 17.63K | 1.13K | 12.74K |
| Total Liabilities | 3.81M | 3.54M | 2.84M | 1.11M | 1.68M | 1.22M |
| Stockholders Equity | 38.41M | 39.19M | 27.94M | 25.26M | 27.23M | 20.51M |
Cash Flow | ||||||
| Free Cash Flow | -1.79M | -7.78M | -4.48M | -6.70M | -5.74M | -3.81M |
| Operating Cash Flow | -1.70M | -3.58M | -2.91M | -4.07M | -3.50M | -2.23M |
| Investing Cash Flow | -8.08M | -6.80M | -1.48M | -2.51M | 4.92M | -1.49M |
| Financing Cash Flow | -71.11K | 15.96M | 6.29M | -5.29K | 9.79M | 2.24M |
Savannah Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | £146.30M | ― | ― | ― | ― | ― | |
52 Neutral | £96.33M | -9.18 | -21.41% | ― | ― | -133.33% | |
52 Neutral | £38.78M | -12.00 | -7.78% | ― | ― | -19.57% | |
50 Neutral | £133.86M | -28.61 | -10.02% | ― | ― | ― | |
48 Neutral | £96.59M | -26.25 | -17.14% | ― | ― | 54.72% | |
46 Neutral | £115.97M | -46.05 | -21.81% | ― | ― | 28.30% |
Savannah Resources Corporate Events
Savannah Resources has formally signed its Portuguese state grant agreement for the Barroso Lithium Project, securing access to up to €109.67 million in non-refundable funding under a scheme backed by national funds and the EU’s Temporary Crisis and Transition Framework. The company was one of only six industrial investors, and the sole lithium miner, invited to a high-profile ceremony attended by Portugal’s prime minister and senior officials, underlining Barroso’s central role in building a domestic lithium battery value chain and stimulating economic development in Portugal’s interior. The grant, structured as roughly €82 million for capital expenditure and up to €27 million as a long-term performance bonus, strengthens Savannah’s financial footing as it advances the project, though management cautions that disbursements remain contingent on meeting contractual conditions and overcoming standard mining-sector permitting, financing, construction and operational risks.
The most recent analyst rating on (GB:SAV) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Savannah Resources stock, see the GB:SAV Stock Forecast page.
Savannah Resources has outlined progress on its Barroso Lithium Project following the approval of an up to €110m non-reimbursable grant from the Portuguese state, with formal signing of the investment contract expected shortly. The company is advancing its Definitive Feasibility Study and environmental compliance work, optimizing pit designs, finalizing key infrastructure such as water management and road access, and planning extensive geotechnical and resource drilling once a pending temporary land access order is granted. Recent exploration has identified a new 400m lithium-in-soil anomaly that extends an existing target, adding potential post-DFS resource upside, while stronger lithium prices and tight market conditions are driving robust commercial interest in the project’s future concentrate production. Savannah is simultaneously deepening engagement with local communities and accelerating land acquisitions, and has joined industry peers in lobbying the European Commission for binding local-content rules on lithium to bolster EU supply security and enhance the strategic value of European projects such as Barroso.
The most recent analyst rating on (GB:SAV) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Savannah Resources stock, see the GB:SAV Stock Forecast page.
Savannah Resources has secured approval for a non-reimbursable Portuguese state grant of up to €110 million to support construction and early operation of its Barroso Lithium Project, underscoring the project’s status as a nationally and strategically important asset for Portugal and the European Union’s net-zero ambitions. The grant, equivalent to 35% of eligible project costs and split between development capex and future performance milestones, materially strengthens Savannah’s financing package ahead of a final investment decision, while signalling strong governmental backing for a domestic lithium supply chain that promises jobs and economic growth for the Barroso region, albeit with receipt of funds still contingent on permitting, project execution and compliance with contractual conditions.
The most recent analyst rating on (GB:SAV) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Savannah Resources stock, see the GB:SAV Stock Forecast page.
Savannah Resources has announced a restructuring of its technical leadership as it transitions the Barroso Lithium Project from resource development toward construction and operations, with Chief Technical Officer Dale Ferguson set to leave the company at year-end following an orderly handover. His responsibilities will be absorbed by senior managers Boris Daza and João Nunes, supported by a broader in-house technical team, reflecting the company’s shift in focus from geology to engineering, construction and mine and plant operations as it advances definitive feasibility work, front-end engineering design and project financing ahead of a final investment decision and planned construction next year.
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.
Savannah Resources has announced the departure of Chief Technical Officer Dale Ferguson at year-end and a restructuring of its technical leadership as it prepares to move the Barroso Lithium Project from development into construction and eventual operation. Ferguson’s responsibilities will be divided among senior managers Boris Daza and João Nunes, supported by specialists overseeing exploration, feasibility studies and environmental management, reflecting the company’s shift from a geology-focused exploration phase toward engineering, construction and operational readiness. The leadership transition follows a recent resource upgrade and ongoing definitive feasibility, engineering and project financing work, underscoring Savannah’s progress toward a final investment decision and the build-out of what is positioned to be a key European source of lithium for the energy transition.
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.
Savannah Resources has moved a step closer to consolidating its position at Europe’s largest spodumene lithium deposit after the vendor of the Aldeia Mining Lease instructed Portugal’s Directorate General for Energy and Geology to transfer the C-190 lease into Savannah’s sole ownership. The Aldeia lease, adjacent to Savannah’s existing C-100 concession at the Barroso Lithium Project, hosts a high‑grade JORC-compliant resource on Block A of 3.5Mt at 1.30% Li2O, accounting for about 11% of the project’s global resource and offering significant exploration upside across three blocks, with the company planning to include its Indicated Resource in the forthcoming definitive feasibility study. The €3.25m acquisition, funded in part by Savannah’s recent oversubscribed equity raise and structured with staged payments to the regulator, is expected to materially strengthen the project’s resource base and future production profile, reinforcing its strategic role in supplying critical lithium to Europe’s energy transition ambitions.
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.
Savannah Resources welcomes the European Commission’s RESourceEU Action Plan, which aims to bolster Europe’s critical raw materials supply chain. The plan includes €3 billion in funding, fast-tracking of strategic projects, and initiatives to diversify supply chains, which are expected to enhance Savannah’s operations and Europe’s energy independence. Savannah is poised to play a key role in this initiative, aligning with its Barroso Lithium Project’s strategic importance in reducing Europe’s dependency on external lithium sources.
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.
Savannah Resources announced that the European Commission has reconfirmed the Barroso Lithium Project as a ‘Strategic Project’ under the Critical Raw Materials Act. This decision follows a review request and confirms the project’s importance in Europe’s re-industrialisation and decarbonisation efforts. The project is expected to contribute to reducing Europe’s external energy dependency and support economic growth in the surrounding region by attracting population and providing a significant lithium supply for vehicle battery packs.
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.
Savannah Resources announced the release of an interview with its CEO, Emanuel Proença, on Vox Markets, where he discussed the company’s achievements in 2025 and the anticipated progress in 2026. The company is on track to complete the Definitive Feasibility Study and environmental licensing for its Barroso Lithium Project, which is expected to play a crucial role in Europe’s energy transition by supplying lithium for vehicle battery packs. The interview also touched on the rising spodumene prices and developments in the European lithium battery value chain, highlighting Savannah’s ongoing stakeholder engagement efforts.
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.
Savannah Resources has announced significant progress in its Barroso Lithium Project in Portugal, following a successful £9.8m fundraise. The company is poised to make a Final Investment Decision next year, supported by strong commercial interest and rising lithium prices. Savannah is also acquiring the Aldeia Mining Lease, which is adjacent to its existing project and holds a high-grade lithium resource. The company is engaging with potential financiers, including Germany’s KfW IPEX-Bank, for a possible project finance loan. Additionally, Savannah is enhancing its technical team and strengthening community relations while awaiting government approval for temporary land access to complete necessary drilling. The European market’s focus on securing critical raw materials aligns with Savannah’s strategic goals, as highlighted by their participation in European Raw Materials Week.
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.
Savannah Resources announced that its CEO, Emanuel Proença, purchased 235,000 ordinary shares in the company, enhancing his stake to 0.13% of the company’s issued share capital. This move underscores the CEO’s confidence in the company’s strategic position in the lithium market, particularly with its Barroso Lithium Project, which is pivotal for Europe’s energy transition and lithium supply chain.
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.
Savannah Resources has successfully completed its RetailBook Offer, raising a total of £9.8 million through various fundraising activities, including a Placing, Subscription, and Additional Subscriptions. This financial boost strengthens the company’s cash reserves to approximately £21 million, enabling it to advance the Barroso Lithium Project in Portugal. The project is pivotal for Europe’s energy transition, aiming to produce lithium for vehicle battery packs, thus supporting the European Commission’s Critical Raw Materials Act. The company plans to use the funds to purchase the Aldeia Mining Lease, complete a Definitive Feasibility Study, and focus on project finance and strategic partnerships.
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.
Savannah Resources announced the availability of an updated Corporate Presentation and a recorded investor presentation by CEO Emanuel Proença on their website. The Barroso Lithium Project, a key component of Europe’s energy transition, is expected to produce enough lithium for half a million vehicle battery packs annually, aligning with the European Commission’s Critical Raw Material Act goals.
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.
Savannah Resources announced that its CEO, Emanuel Proença, will present a live investor presentation on November 10, 2025, via the Investor Meet Company platform. This presentation is part of Savannah’s efforts to engage with current and potential shareholders, highlighting its role in Europe’s energy transition through the Barroso Lithium Project. The project is expected to produce enough lithium for approximately half a million vehicle battery packs annually, significantly contributing to the European Commission’s Critical Raw Material Act objectives.
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.
Savannah Resources has successfully completed an oversubscribed Placing and Subscription, raising a minimum of £9.2 million to support the development of its Barroso Lithium Project. The funds will be used to acquire the Aldeia Mining Lease, enhance project development, and secure land use rights, positioning Savannah to advance towards construction and strengthen its role in the lithium sector.
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.
Savannah Resources has announced a conditional retail offer of new ordinary shares through RetailBook at a discounted price of 3.7p per share. This initiative is part of a larger fundraising effort to acquire the Aldeia Mining Lease and advance the Barroso Lithium Project’s development schedule. The retail offer is open to both existing and new investors in the UK, with a minimum subscription of £250, and aims to engage retail shareholders by providing them an opportunity to participate alongside institutional investors.
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.
Savannah Resources plc has announced a proposed fundraise of approximately £9 million to support the acquisition of the Aldeia Mining Lease and advance the development of its Barroso Lithium Project. The fundraise will be conducted through subscriptions from major shareholders, a placing to institutional investors, and a retail offer. The proceeds will be used for acquiring the Aldeia Lease, project development, and securing land use rights, aiming to maintain the project’s development schedule towards first production in 2028.
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.
Savannah Resources has signed a Memorandum of Understanding with Terra Quente Saúde Group to enhance healthcare services around its Barroso Lithium Project in Portugal. This partnership aims to improve living conditions in the region, aligning with Savannah’s commitment to socio-economic development and community engagement, while also strengthening the company’s integration into the local territory.
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.
Savannah Resources recently participated in trade delegations to Japan, organized by the European Commission and Portuguese entities, highlighting the significance of its Barroso Lithium Project. The participation underscores the project’s importance in Europe’s critical raw materials sector, with potential collaborations with Japanese companies in the battery and auto industries, which could enhance Savannah’s role in the European lithium battery value chain.
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.