Serabi Gold plc (LON:SRB – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 311.10 and traded as high as GBX 320. Serabi Gold shares last traded at GBX 320, with a volume of 80,895 shares.
Serabi Gold Stock Performance
The stock’s 50-day moving average price is GBX 290.31 and its 200-day moving average price is GBX 311.10. The company has a market capitalization of £244.19 million, a price-to-earnings ratio of 3.66 and a beta of 0.82. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.26 and a current ratio of 4.22.
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. 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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