Serabi Gold (LON:SRB) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Serabi Gold plc (LON:SRBGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 72.52 ($0.93) and traded as high as GBX 87 ($1.12). Serabi Gold shares last traded at GBX 84 ($1.08), with a volume of 166,500 shares trading hands.

Serabi Gold Price Performance

The company has a market capitalization of £63.76 million, a PE ratio of 763.64 and a beta of 1.06. The company has a debt-to-equity ratio of 6.50, a current ratio of 2.09 and a quick ratio of 1.26. The company’s 50 day simple moving average is GBX 83.31 and its 200 day simple moving average is GBX 72.52.

About Serabi Gold

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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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