Serabi Gold (LON:SRB) Hits New 1-Year Low – Time to Sell?

Shares of Serabi Gold plc (LON:SRB – Get Free Report) reached a new 52-week low during trading on Monday. The stock traded as low as GBX 165 and last traded at GBX 171.90, with a volume of 866,521 shares changing hands. The stock had previously closed at GBX 179.

Serabi Gold Stock Down 4.0%

The firm has a market capitalization of £131.17 million, a P/E ratio of 2.00 and a beta of 0.85. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.26 and a current ratio of 4.02. The business’s fifty day moving average price is GBX 265.69 and its two-hundred day moving average price is GBX 295.38.

Serabi Gold Company Profile

(Get Free Report)

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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