Serabi Gold plc (LON:SRB – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 360 and last traded at GBX 354, with a volume of 594586 shares trading hands. The stock had previously closed at GBX 351.
Serabi Gold Stock Performance
The stock’s 50 day simple moving average is GBX 292.71 and its 200 day simple moving average is GBX 247.57. The firm has a market cap of £268.10 million, a P/E ratio of 5.97 and a beta of 1.06.
About Serabi Gold
Serabi Gold plc is a gold exploration and production company involved in the evaluation and development of gold deposits in Brazil. the Company’s primary interests are its 100% owned Palito Mining Complex and the more recently acquired Coringa Gold Project both located in the Tapajos region of northern Brazil. The Palito Mining Complex includes over 50,800 hectares of contiguous and highly prospective exploration tenements that the Company controls, whilst the Coringa project forms part of a eight kilometre continuous strike of historic artisanal mine workings and includes seven separate concessions totalling over 13,000 hectares.
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