Serabi Gold plc (LON:SRB – Get Free Report)’s share price was down 11.1% during mid-day trading on Wednesday. The stock traded as low as GBX 185 and last traded at GBX 200. 1,522,728 shares were traded during trading, an increase of 320% from the average session volume of 362,145 shares. The stock had previously closed at GBX 225.
Serabi Gold Price Performance
The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.26 and a current ratio of 4.02. The stock has a market cap of £138.12 million, a price-to-earnings ratio of 2.11 and a beta of 0.85. The business’s fifty day simple moving average is GBX 268.11 and its 200 day simple moving average is GBX 296.15.
About Serabi Gold
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.
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