Serabi Gold (LON:SRB) Shares Cross Above 200 Day Moving Average – What’s Next?

Serabi Gold plc (LON:SRBGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 201.56 and traded as high as GBX 280. Serabi Gold shares last traded at GBX 268, with a volume of 453,795 shares changing hands.

Serabi Gold Trading Up 4.7%

The stock has a market capitalization of £212.44 million, a P/E ratio of 5.66 and a beta of 1.06. The business’s fifty day simple moving average is GBX 249.94 and its two-hundred day simple moving average is GBX 201.56.

Serabi Gold Company Profile

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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.

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