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Serabi Gold (LON:SRB) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Serabi Gold logo with Basic Materials background

Serabi Gold plc (LON:SRB - Get Free Report)'s share 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 traded.

Serabi Gold Price Performance

The firm has a market capitalization of £65.13 million, a price-to-earnings ratio of 781.82 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 business has a fifty day moving average of GBX 81.78 and a two-hundred day moving average of GBX 71.73.

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.

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