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Serabi Gold (LON:SRB) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Serabi Gold logo with Basic Materials background

Key Points

  • Serabi Gold plc shares have recently traded above their two hundred day moving average, reaching a price of GBX 190 ($2.55).
  • The company has a market capitalization of £180.20 million and a PE ratio of 9.10, indicating its valuation in the market.
  • Serabi Gold is primarily focused on gold exploration and production in Brazil, owning the Palito Mining Complex and the Coringa Gold Project.
  • Want stock alerts on Serabi Gold? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Serabi Gold plc (LON:SRB - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 163.55 ($2.21) and traded as high as GBX 190 ($2.56). Serabi Gold shares last traded at GBX 188 ($2.54), with a volume of 474,151 shares traded.

Serabi Gold Stock Performance

The company's fifty day moving average price is GBX 186.41 and its 200 day moving average price is GBX 165.23. The firm has a market capitalization of £187.23 million, a price-to-earnings ratio of 9.46 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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