Serabi Gold (LON:SRB) Sets New 52-Week High – Should You Buy?

Serabi Gold plc (LON:SRBGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 134.90 ($1.67) and last traded at GBX 132 ($1.63), with a volume of 351079 shares trading hands. The stock had previously closed at GBX 129.50 ($1.60).

Serabi Gold Stock Up 3.2 %

The firm has a market capitalization of £104.78 million, a price-to-earnings ratio of 1,257.76 and a beta of 1.06. The company has a debt-to-equity ratio of 6.50, a current ratio of 2.09 and a quick ratio of 1.26. The business has a 50 day moving average of GBX 109.70 and a 200 day moving average of GBX 88.08.

Serabi Gold Company Profile

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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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