Serabi Gold plc (LON:SRB – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 311.93 and traded as high as GBX 312. Serabi Gold shares last traded at GBX 305, with a volume of 208,596 shares traded.
Serabi Gold Price Performance
The stock has a market capitalization of £228.92 million, a P/E ratio of 3.44 and a beta of 0.82. The company has a current ratio of 4.22, a quick ratio of 1.26 and a debt-to-equity ratio of 1.37. The firm’s fifty day moving average is GBX 293.70 and its 200-day moving average is GBX 311.54.
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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