Serabi Gold (LON:SRB) Hits New 1-Year High – Time to Buy?

Serabi Gold plc (LON:SRBGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 97 ($1.23) and last traded at GBX 97 ($1.23), with a volume of 475961 shares. The stock had previously closed at GBX 89 ($1.13).

Serabi Gold Trading Up 9.0 %

The stock has a market cap of £73.46 million, a PE ratio of 809.09 and a beta of 1.06. The company’s 50-day moving average price is GBX 85.75 and its 200 day moving average price is GBX 74.22. The company has a debt-to-equity ratio of 6.50, a quick ratio of 1.26 and a current ratio of 2.09.

Serabi Gold Company Profile

(Get Free Report)

Serabi Gold plc engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil. The company explores for and produces gold and copper deposits. It primarily holds 100% interests in the Palito mining complex covering an area of approximately 56,631 hectares; and the Coringa Gold Project located in the Tapajos region of northern Brazil.

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