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Serabi Gold (LON:SRB) Shares Cross Above 200-Day Moving Average - Here's What Happened

Serabi Gold logo with Basic Materials background

Serabi Gold plc (LON:SRB - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 140 ($1.90) and traded as high as GBX 173 ($2.35). Serabi Gold shares last traded at GBX 171.50 ($2.33), with a volume of 182,711 shares trading hands.

Serabi Gold Stock Up 4.2%

The stock has a 50-day simple moving average of GBX 156.59 and a two-hundred day simple moving average of GBX 141.94. The firm has a market cap of £176.30 million, a PE ratio of 8.91 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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