Serabi Gold plc (LON:SRB – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 310.02 and traded as high as GBX 350. Serabi Gold shares last traded at GBX 347.98, with a volume of 125,465 shares trading hands.
Serabi Gold Stock Up 1.6%
The company has a debt-to-equity ratio of 4.21, a current ratio of 3.41 and a quick ratio of 1.26. The stock has a 50-day moving average of GBX 316.75 and a 200-day moving average of GBX 310.02. The firm has a market cap of £263.54 million, a price-to-earnings ratio of 4.89 and a beta of 0.85.
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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