Serabi Gold (LON:SRB) Shares Pass Above 200-Day Moving Average – Here’s Why

Serabi Gold plc (LON:SRBGet Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 72.52 ($0.91) and traded as high as GBX 87 ($1.10). Serabi Gold shares last traded at GBX 84 ($1.06), with a volume of 166,500 shares changing hands.

Serabi Gold Trading Down 0.7 %

The stock has a market cap of £62.02 million, a PE ratio of 745.45 and a beta of 1.06. The company has a debt-to-equity ratio of 6.50, a current ratio of 2.09 and a quick ratio of 1.26. The stock has a 50-day moving average price of GBX 83.78 and a two-hundred day moving average price of GBX 72.68.

About Serabi Gold

(Get Free Report)

Serabi Gold plc engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil. The company explores for and produces gold and copper deposits. It primarily holds 100% interests in the Palito mining complex covering an area of approximately 56,631 hectares; and the Coringa Gold Project located in the Tapajos region of northern Brazil.

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