Serabi Gold PLC (LON:SRB)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research report issued on Monday. They presently have a GBX 7.60 ($0.09) target price on the stock. Peel Hunt’s price target indicates a potential upside of 52.00% from the stock’s previous close.

Shares of Serabi Gold PLC (LON:SRB) opened at 5.70 on Monday. The company’s market capitalization is GBX 37.41 million. Serabi Gold PLC has a 12 month low of GBX 2.40 and a 12 month high of GBX 7.00. The firm’s 50-day moving average price is GBX 5.34 and its 200-day moving average price is GBX 5.11.

About Serabi Gold PLC

Serabi Gold plc is a United Kingdom-based holding and gold sales company and a provider of support and management services to its operating subsidiaries. The Company is engaged in the evaluation and development of gold projects in Brazil. It is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil.

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