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Serabi Gold (LON:SRB) Hits New 52-Week High - Still a Buy?

Serabi Gold logo with Basic Materials background

Key Points

  • Serabi Gold plc achieved a new 52-week high, trading at GBX 235 ($3.18), with a significant trading volume of 947,229 shares.
  • The company's market capitalization stands at £177.98 million, and it has a PE ratio of 474.36.
  • Serabi Gold is primarily engaged in gold exploration and production in Brazil, focusing on its Palito Mining Complex and the recently acquired Coringa Gold Project.
  • Interested in Serabi Gold? Here are five stocks we like better.

Shares of Serabi Gold plc (LON:SRB - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 235 ($3.19) and last traded at GBX 235 ($3.19), with a volume of 947229 shares changing hands. The stock had previously closed at GBX 220 ($2.98).

Serabi Gold Stock Performance

The firm's 50 day moving average is GBX 197.04 and its 200-day moving average is GBX 170.68. The firm has a market cap of £170.78 million, a price-to-earnings ratio of 455.19 and a beta of 1.06.

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.

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