Serabi Gold (LON:SRB) Reaches New 52-Week High – What’s Next?

Serabi Gold plc (LON:SRBGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 141.70 ($1.76) and last traded at GBX 140 ($1.74), with a volume of 422069 shares traded. The stock had previously closed at GBX 131 ($1.63).

Serabi Gold Stock Performance

The stock has a fifty day moving average price of GBX 122.18 and a 200-day moving average price of GBX 94.66. The company has a current ratio of 2.09, a quick ratio of 1.26 and a debt-to-equity ratio of 6.50. The firm has a market capitalization of £108.67 million, a price-to-earnings ratio of 1,304.55 and a beta of 1.06.

About Serabi Gold

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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.

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