Serabi Gold (TSE:SBI) Posts Earnings Results

Serabi Gold (TSE:SBI) released its quarterly earnings data on Friday. The company reported C$0.28 earnings per share for the quarter, RTT News reports. During the same quarter in the prior year, the business earned $0.12 earnings per share.

Serabi Gold Stock Performance

Serabi Gold stock opened at C$6.74 on Friday. Serabi Gold has a 1-year low of C$2.88 and a 1-year high of C$6.99. The firm has a market capitalization of C$514.32 million, a price-to-earnings ratio of 9.47 and a beta of 1.76.

About Serabi Gold

Serabi Gold PLC is a gold exploration and production company. It is involved in the evaluation and development of gold deposits in Brazil. The company has two geographical segments namely Brazil and the UK. It generates maximum revenue from the Brazil region. The company projects include Palito, Sao Chico Gold Mines, Coringa, Jardim do Ouro and Tapajos Regional Exploration. It derives its majority revenue from the sale of gold.