Serabi Gold (LON:SRB) Stock Crosses Below 200-Day Moving Average – What’s Next?

Serabi Gold plc (LON:SRBGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 318.70 and traded as low as GBX 289.38. Serabi Gold shares last traded at GBX 291.74, with a volume of 172,720 shares changing hands.

Serabi Gold Stock Up 4.5%

The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.26 and a current ratio of 4.22. The stock’s 50-day moving average price is GBX 327.12 and its two-hundred day moving average price is GBX 318.84. The stock has a market capitalization of £232.74 million, a PE ratio of 3.49 and a beta of 0.84.

Serabi Gold Company Profile

(Get Free Report)

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. The Palito Mining Complex includes over 50,800 hectares of contiguous and highly prospective exploration tenements that the Company controls, whilst the Coringa project forms part of a eight kilometre continuous strike of historic artisanal mine workings and includes seven separate concessions totalling over 13,000 hectares.

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