Shares of Serabi Gold plc (LON:SRB – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 315.34 and traded as low as GBX 98.90. Serabi Gold shares last traded at GBX 98.90, with a volume of 988,902 shares.
Serabi Gold Price Performance
The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.26 and a current ratio of 4.22. The company has a market cap of £75.47 million, a P/E ratio of 1.13 and a beta of 0.85. The firm has a 50 day moving average price of GBX 327.76 and a two-hundred day moving average price of GBX 315.34.
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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