Shares of Serabi Gold plc (LON:SRB – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 258.64 and traded as high as GBX 310. Serabi Gold shares last traded at GBX 300.80, with a volume of 929,961 shares traded.
Serabi Gold Stock Up 3.7%
The firm has a market capitalization of £227.81 million, a P/E ratio of 5.07 and a beta of 1.06. The firm’s 50-day simple moving average is GBX 309.93 and its 200-day simple moving average is GBX 258.64.
Serabi Gold Company Profile
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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