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

Shares of Serabi Gold plc (LON:SRBGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 97 ($1.23) and last traded at GBX 97 ($1.23), with a volume of 475961 shares. The stock had previously closed at GBX 89 ($1.13).

Serabi Gold Price Performance

The company has a debt-to-equity ratio of 6.50, a quick ratio of 1.26 and a current ratio of 2.09. The stock’s 50-day moving average is GBX 85.75 and its two-hundred day moving average is GBX 74.22. The stock has a market cap of £73.46 million, a PE ratio of 809.09 and a beta of 1.06.

Serabi Gold Company Profile

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Serabi Gold plc engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil. The company explores for and produces gold and copper deposits. It primarily holds 100% interests in the Palito mining complex covering an area of approximately 56,631 hectares; and the Coringa Gold Project located in the Tapajos region of northern Brazil.

Further Reading

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