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

Serabi Gold plc (LON:SRBGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 71.62 ($0.93) and traded as high as GBX 93.65 ($1.22). Serabi Gold shares last traded at GBX 92 ($1.20), with a volume of 88,609 shares changing hands.

Serabi Gold Trading Down 0.9 %

The stock has a market cap of £69.07 million, a P/E ratio of 836.36 and a beta of 1.06. The company has a debt-to-equity ratio of 6.50, a quick ratio of 1.26 and a current ratio of 2.09. The firm’s fifty day simple moving average is GBX 81.43 and its 200-day simple moving average is GBX 71.62.

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.

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