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

Shares of Serabi Gold plc (LON:SRB) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 95.50 ($1.20) and traded as high as GBX 144.25 ($1.82). Serabi Gold shares last traded at GBX 143.50 ($1.81), with a volume of 181,608 shares.

Serabi Gold Price Performance

The company has a market capitalization of £136.39 million, a P/E ratio of 6.89 and a beta of 1.06. The stock’s 50 day moving average is GBX 123.80 and its 200-day moving average is GBX 95.50.

Serabi Gold Company Profile

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.