Serabi Gold (LON:SRB) Sets New 12-Month High - Time to Buy?

Key Points

• Serabi Gold plc reached a new 52-week high at GBX 205 ($2.75), with the last trade at GBX 203.11 ($2.73) and a trading volume of 199,040 shares.
• The company has a market capitalization of £193.04 million and a price-to-earnings ratio of 9.75.
• Serabi Gold focuses on gold exploration and production in Brazil, with key assets including the Palito Mining Complex and the Coringa Gold Project.

Serabi Gold plc (LON:SRB - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 205 ($2.78) and last traded at GBX 203.11 ($2.75), with a volume of 199040 shares traded. The stock had previously closed at GBX 202 ($2.74).

Serabi Gold Stock Up 0.8%

The company has a market capitalization of £189.13 million, a PE ratio of 9.56 and a beta of 1.06. The firm's 50-day moving average is GBX 183.77 and its 200-day moving average is GBX 162.38.

About Serabi Gold

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.