Shares of Serabi Gold plc (LON:SRB – Get Free Report) rose 10.5% during trading on Wednesday . The company traded as high as GBX 298 ($4.01) and last traded at GBX 285 ($3.83). Approximately 644,600 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 570,561 shares. The stock had previously closed at GBX 258 ($3.47).
Serabi Gold Price Performance
The stock’s 50-day moving average price is GBX 231.91 and its 200 day moving average price is GBX 188.57. The firm has a market cap of £212.06 million, a P/E ratio of 565.20 and a beta of 1.06.
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.
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