Serabi Gold (LON:SRB) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Serabi Gold plc (LON:SRBGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 79.89 ($1.00) and traded as high as GBX 115 ($1.44). Serabi Gold shares last traded at GBX 114.85 ($1.44), with a volume of 244,062 shares traded.

Serabi Gold Price Performance

The firm has a market capitalization of £86.98 million, a P/E ratio of 1,044.09 and a beta of 1.06. The business’s 50-day simple moving average is GBX 96.71 and its 200 day simple moving average is GBX 80.50. The company has a quick ratio of 1.26, a current ratio of 2.09 and a debt-to-equity ratio of 6.50.

About Serabi Gold

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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.

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