Serabi Gold (LON:SRB) Hits New 12-Month High – Here’s What Happened

Serabi Gold plc (LON:SRB – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 355 and last traded at GBX 345, with a volume of 244798 shares trading hands. The stock had previously closed at GBX 350.

Serabi Gold Trading Down 1.4%

The firm has a market cap of £261.29 million, a P/E ratio of 5.82 and a beta of 1.06. The company’s fifty day moving average price is GBX 281.93 and its two-hundred day moving average price is GBX 240.28.

About Serabi Gold

(Get Free Report)

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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