Shares of Serabi Gold plc (LON:SRB – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 318.25 and traded as low as GBX 295. Serabi Gold shares last traded at GBX 300, with a volume of 229,367 shares changing hands.
Serabi Gold Price Performance
The company has a quick ratio of 1.26, a current ratio of 4.22 and a debt-to-equity ratio of 1.37. The business’s 50-day moving average is GBX 334.58 and its two-hundred day moving average is GBX 318.25. The company has a market capitalization of £228.92 million, a P/E ratio of 3.44 and a beta of 0.84.
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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