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

Serabi Gold plc (LON:SRBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 126 ($1.56) and last traded at GBX 126 ($1.56), with a volume of 587735 shares traded. The stock had previously closed at GBX 117.50 ($1.45).

Serabi Gold Price Performance

The company has a current ratio of 2.09, a quick ratio of 1.26 and a debt-to-equity ratio of 6.50. The business has a 50-day moving average of GBX 101.25 and a 200 day moving average of GBX 83.42. The firm has a market capitalization of £91.75 million, a PE ratio of 1,101.36 and a beta of 1.06.

Serabi Gold Company Profile

(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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