Serabi Gold PLC (LON:SRB)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued on Monday. They currently have a GBX 7.60 ($0.09) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 52.00% from the company’s current price.

Shares of Serabi Gold PLC (LON:SRB) opened at 5.70 on Monday. The stock’s market capitalization is GBX 37.41 million. Serabi Gold PLC has a 52-week low of GBX 2.40 and a 52-week high of GBX 7.00. The company’s 50 day moving average price is GBX 5.34 and its 200 day moving average price is GBX 5.11.

About Serabi Gold PLC

Serabi Gold plc is a United Kingdom-based holding and gold sales company and a provider of support and management services to its operating subsidiaries. The Company is engaged in the evaluation and development of gold projects in Brazil. It is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil.

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