Serabi Gold (SRB) Share Price, News & Analysis

Company Overview

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. The Palito Mining Complex includes over 50,800 hectares of contiguous and highly prospective exploration tenements that the Company controls, whilst the Coringa project forms part of a eight kilometre continuous strike of historic artisanal mine workings and includes seven separate concessions totalling over 13,000 hectares. Combined gold production from the Palito Mining Complex is currently approximately 40,000 ounces per annum, whilst the Coringa Project, when in production, is forecast to produce an average of 38,000 ounces per annum. The Palito Mining Complex comprises the Palito and Sao Chico orebodies, which provide ore feed to a centralised 500tpd central processing plant. Both mines are narrow vein underground mining operations with mined ore grades typically of between 7.000 g/t and 9.00 g/t being achieved. Mining at Palito uses shrinkage stoping whilst Sao Chico is a narrow vein longhole stoping operation. The Company acquired the Coringa Project in December 2017 and is in the process of obtaining the necessary permits to commence development and construction of the plant which had been acquired by the previous owner. Coringa, which has an average Measured and Indicated Resource grade of 8.24 g/t, will be operated as a narrow vein, underground mining operation and therefore has significant operational similarities to the Company's existing mining operations.

Key Stats

• Today's Range: 332.50 to 345
• 50-Day Range: 250 to 355
• 52-Week Range: 138 to 375
• Volume: 175,834 shs
• Average Volume: 464,655 shs
• Market Capitalization: £255.61 million
• P/E Ratio: 4.74
• Dividend Yield: 5.90%
• Price Target: N/A
• Consensus Rating: N/A

SRB Stock Analysis - Frequently Asked Questions

How have SRB shares performed this year?

Serabi Gold's stock was trading at GBX 312.50 at the beginning of the year. Since then, SRB shares have increased by 7.2% and is now trading at GBX 335.11.

How do I buy shares of Serabi Gold?

Shares of SRB stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Serabi Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Serabi Gold investors own include Flowgroup (FLOW), Rambler Metals and Mining (RMM), ULS Technology (ULS), Bowleven (BLVN), EVRAZ (EVRZF), Victoria Oil & Gas (VOG) and Mondi (MNDI).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: LON:SRB
• CIK: N/A
• Web: www.serabigold.com
• Phone: +44-20-72466830
• Fax: N/A
• Employees: 646
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX 71.18
• Trailing P/E Ratio: 4.74
• Forward P/E Ratio: 7.30
• P/E Growth: N/A
• Net Income: £24.84 million
• Net Margins: 34.87%
• Pretax Margin: N/A
• Return on Equity: 34.96%
• Return on Assets: 5.53%

Debt

• Debt-to-Equity Ratio: 4.18
• Current Ratio: 2.86
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: £155.85 million
• Price / Sales: 1.64
• Cash Flow: GBX 158.68 per share
• Price / Cash Flow: 2.13
• Book Value: GBX 136.58 per share
• Price / Book: 2.47

Miscellaneous

• Outstanding Shares: 75,735,000
• Free Float: N/A
• Market Cap: £255.61 million
• Optionable: Not Optionable
• Beta: 0.78