Serabi Gold (LON:SRB) Share Price Passes Above Two Hundred Day Moving Average of $45.26

Serabi Gold plc (LON:SRB) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 45.26 ($0.56) and traded as high as GBX 64.75 ($0.81). Serabi Gold shares last traded at GBX 64 ($0.80), with a volume of 645,530 shares traded.

Serabi Gold Price Performance

The stock has a market cap of £49.22 million, a PE ratio of 1,340.00 and a beta of 1.32. The company has a debt-to-equity ratio of 7.40, a current ratio of 1.97 and a quick ratio of 1.26. The firm’s 50 day moving average price is GBX 58.52 and its two-hundred day moving average price is GBX 45.40.

About Serabi Gold

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.