Serabi Gold (LON:SRB) Shares Pass Above 200-Day Moving Average – Here’s Why

Serabi Gold plc (LON:SRBGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 72.52 ($0.91) and traded as high as GBX 87 ($1.10). Serabi Gold shares last traded at GBX 84 ($1.06), with a volume of 166,500 shares trading hands.

Serabi Gold Stock Down 0.7 %

The company’s 50 day moving average price is GBX 83.78 and its two-hundred day moving average price is GBX 72.68. 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 stock has a market cap of £62.02 million, a P/E ratio of 745.45 and a beta of 1.06.

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.

See Also

Receive News & Ratings for Serabi Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serabi Gold and related companies with MarketBeat.com's FREE daily email newsletter.