Serabi Gold (LON:SRB) Reaches New 12-Month High – Still a Buy?

Serabi Gold plc (LON:SRBGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 130.70 ($1.60) and last traded at GBX 128 ($1.56), with a volume of 430696 shares trading hands. The stock had previously closed at GBX 126.50 ($1.54).

Serabi Gold Stock Performance

The company’s 50-day simple moving average is GBX 104.78 and its 200 day simple moving average is GBX 85.40. The stock has a market cap of £96.93 million, a P/E ratio of 1,163.64 and a beta of 1.06. The company has a current ratio of 2.09, a quick ratio of 1.26 and a debt-to-equity ratio of 6.50.

About Serabi Gold

(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.

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