Serabi Gold (LON:SRB) Sets New 52-Week High – Time to Buy?

Serabi Gold plc (LON:SRBGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 94.48 ($1.23) and last traded at GBX 92.15 ($1.20), with a volume of 861044 shares traded. The stock had previously closed at GBX 86.60 ($1.13).

Serabi Gold Price Performance

The stock has a market cap of £69.79 million, a P/E ratio of 837.73 and a beta of 1.06. The company has a quick ratio of 1.26, a current ratio of 2.09 and a debt-to-equity ratio of 6.50. The business’s 50-day simple moving average is GBX 75.67 and its two-hundred day simple moving average is GBX 69.34.

About Serabi Gold

(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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