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

Shares of Serabi Gold plc (LON:SRBGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 82.02 ($1.02) and traded as high as GBX 109 ($1.35). Serabi Gold shares last traded at GBX 108 ($1.34), with a volume of 58,704 shares.

Serabi Gold Stock Up 5.4 %

The firm has a market capitalization of £88.98 million, a PE ratio of 1,068.18 and a beta of 1.06. 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’s fifty day simple moving average is GBX 99.36 and its 200 day simple moving average is GBX 82.22.

About Serabi Gold

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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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