Serabi Mining Plc’s “Buy” Rating Reaffirmed at Sanlam Securities (SRB)
Serabi Mining Plc (LON:SRB)‘s stock had its “buy” rating restated by equities researchers at Sanlam Securities in a research report issued on Wednesday, AR Network reports. They currently have a GBX 10 ($0.17) price target on the stock. Sanlam Securities’ price objective indicates a potential upside of 100.00% from the stock’s previous close.
Shares of Serabi Mining Plc (LON:SRB) remained flat at GBX 5.00 during during mid-day trading trading on Wednesday. 144,484 shares of the company’s stock traded hands. Serabi Mining Plc has a 52-week low of GBX 4.325 and a 52-week high of GBX 7.125. The stock’s 50-day moving average is GBX 4.93 and its 200-day moving average is GBX 5.17.
Serabi Gold plc, formerly Serabi Mining plc, is a gold exploration holding company. The Company is a provider of support and management services to its operating subsidiary.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.