Serabi Gold plc (LON:SRB – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 267.97 and traded as high as GBX 325. Serabi Gold shares last traded at GBX 321, with a volume of 274,380 shares changing hands.
Serabi Gold Stock Down 4.7%
The firm’s 50 day moving average is GBX 316.31 and its two-hundred day moving average is GBX 267.97. The stock has a market cap of £243.11 million, a price-to-earnings ratio of 5.41 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. 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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