Serabi Gold (LON:SRB) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Serabi Gold plc (LON:SRBGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 79.89 ($1.00) and traded as high as GBX 115 ($1.44). Serabi Gold shares last traded at GBX 114.85 ($1.44), with a volume of 244,062 shares changing hands.

Serabi Gold Price Performance

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 company has a market capitalization of £86.98 million, a PE ratio of 1,044.09 and a beta of 1.06. The firm’s 50 day simple moving average is GBX 95.34 and its 200 day simple moving average is GBX 79.89.

Serabi Gold Company Profile

(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.

Recommended Stories

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.