Beaufort Securities Keeps a “Speculative Buy” Rating on Savannah Resources (LON:SAV); RUSSEL METALS ORDINARY SHARES (RUSMF) Shorts Up By 357.09%

RUSSEL METALS INC ORDINARY SHARES (OTCMKTS:RUSMF) had an increase of 357.09% in short interest. RUSMF’s SI was 525,200 shares in February as released by FINRA. Its up 357.09% from 114,900 shares previously. With 5,200 avg volume, 101 days are for RUSSEL METALS INC ORDINARY SHARES (OTCMKTS:RUSMF)’s short sellers to cover RUSMF’s short positions. The SI to RUSSEL METALS INC ORDINARY SHARES’s float is 0.86%. The stock decreased 1.38% or $0.33 during the last trading session, reaching $23.96. About shares traded. Russel Metals Inc. (OTCMKTS:RUSMF) has 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.

Beaufort Securities maintained their “Speculative Buy” rating on Savannah Resources (LON:SAV)‘s stock in a report issued on Wednesday morning.

Russel Metals Inc. processes and distributes steel and other metal products in North America. The company has market cap of $1.48 billion. The firm operates in three divisions: Metals Service Centers, Energy Products, and Steel Distributors. It has a 15.14 P/E ratio. The Metals Service Centers segment sells plates, and flat rolled carbon and other general line carbon steel products comprising structurals, bars, sheets, pipes, tubing, and hollow structural steel tubing products, as well as stainless steel, aluminum, and other non-ferrous specialty metal products in various sizes, shapes, and specifications.

Among 7 analysts covering Savannah Resources (LON:SAV), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 86% are positive. Savannah Resources has GBX 125 highest and GBX 10.70 lowest target. GBX 51.54’s average target is 734.66% above currents GBX 6.175 stock price. Savannah Resources had 140 analyst reports since September 8, 2015 according to SRatingsIntel. Northland Capital maintained the shares of SAV in report on Tuesday, January 16 with “Corporate” rating. The company was maintained on Monday, February 26 by FinnCap. FinnCap maintained Savannah Resources Plc (LON:SAV) rating on Wednesday, February 21. FinnCap has “Corporate” rating and GBX 11 target. The stock of Savannah Resources Plc (LON:SAV) has “Speculative Buy” rating given on Tuesday, December 13 by Beaufort Securities. The company was maintained on Wednesday, September 20 by FinnCap. Northland Capital maintained the shares of SAV in report on Tuesday, February 28 with “Corporate” rating. The stock of Savannah Resources Plc (LON:SAV) has “Corporate” rating given on Thursday, January 25 by Northland Capital. On Tuesday, March 28 the stock rating was maintained by Northland Capital with “Corporate”. The stock of Savannah Resources Plc (LON:SAV) earned “Corporate” rating by FinnCap on Monday, August 21. The stock of Savannah Resources Plc (LON:SAV) earned “Corporate” rating by Northland Capital on Thursday, March 2.

Savannah Resources Plc explores for and develops mineral properties. The company has market cap of 39.34 million GBP. 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. It currently has negative earnings. The firm was formerly known as African Mining and Exploration plc and changed its name to Savannah Resources Plc in September 2013.

The stock decreased 3.52% or GBX 0.225 during the last trading session, reaching GBX 6.175. About 569,265 shares traded. Savannah Resources Plc (LON:SAV) has 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.