Serabi Gold (LON:SRB) Share Price Crosses Above Two Hundred Day Moving Average of $45.26

Shares of Serabi Gold plc (LON:SRBGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 45.26 ($0.56) and traded as high as GBX 64.75 ($0.81). Serabi Gold shares last traded at GBX 64 ($0.80), with a volume of 645,530 shares changing hands.

Serabi Gold Stock Up 9.4 %

The firm has a market capitalization of £48.47 million, a PE ratio of 1,280.00 and a beta of 1.32. The business has a 50-day moving average price of GBX 58.16 and a 200-day moving average price of GBX 45.26. The company has a quick ratio of 1.26, a current ratio of 1.97 and a debt-to-equity ratio of 7.40.

About Serabi Gold

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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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