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Serabi Gold (LON:SRB) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Serabi Gold logo with Basic Materials background

Key Points

  • Serabi Gold plc's stock price has crossed above its 200-day moving average, trading as high as GBX 208 ($2.81) and last at GBX 204.10 ($2.76).
  • The company has a market capitalization of £154.58 million and a relatively high price-to-earnings ratio of 469.09.
  • Serabi Gold focuses on gold exploration and production in Brazil, primarily through its Palito Mining Complex and the recently acquired Coringa Gold Project.
  • Interested in Serabi Gold? Here are five stocks we like better.

Serabi Gold plc (LON:SRB - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 166.05 ($2.23) and traded as high as GBX 208 ($2.79). Serabi Gold shares last traded at GBX 204.10 ($2.74), with a volume of 602,107 shares.

Serabi Gold Stock Performance

The stock has a market capitalization of £159.04 million, a price-to-earnings ratio of 423.90 and a beta of 1.06. The business has a 50-day moving average of GBX 190.22 and a 200-day moving average of GBX 167.94.

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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