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Serabi Gold (LON:SRB) Shares Cross Above 200 Day Moving Average - Should You Sell?

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 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 changing hands.

Serabi Gold Price Performance

The company's 50 day moving average price is GBX 83.57 and its 200-day moving average price is GBX 72.61. The company has a market cap of £62.55 million, a price-to-earnings ratio of 752.27 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.

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.

Further Reading

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