Serabi Gold (LON:SRB) Share Price Passes Above 200 Day Moving Average – Here’s Why

Serabi Gold plc (LON:SRBGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 107.25 ($1.39) and traded as high as GBX 133.50 ($1.73). Serabi Gold shares last traded at GBX 133.50 ($1.73), with a volume of 831,373 shares changing hands.

Serabi Gold Stock Up 1.9 %

The company has a market capitalization of £126.88 million, a P/E ratio of 6.41 and a beta of 1.06. The business has a fifty day moving average price of GBX 139.54 and a 200 day moving average price of GBX 107.25.

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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