Peel Hunt reaffirmed their buy rating on shares of Serabi Gold (LON:SRB) in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.

SRB stock opened at GBX 66 ($0.86) on Wednesday. The company has a debt-to-equity ratio of 9.23, a quick ratio of 0.61 and a current ratio of 1.10. The stock has a market cap of $38.88 million and a P/E ratio of -8.92. The firm has a 50 day simple moving average of GBX 59.66 and a 200 day simple moving average of GBX 44.92. Serabi Gold has a 52 week low of GBX 24 ($0.31) and a 52 week high of GBX 73.65 ($0.96).

Serabi Gold Company Profile

Serabi Gold plc primarily engages in the exploration, mining, and development of gold projects in Brazil and the United Kingdom. It also explores for copper deposits. The company's primary assets include the Palito mining complex covering an area of approximately 50, 800 hectares; and the Coringa gold project covering an area of approximately 13, 000 hectares located in the Tapajos region of northern Brazil.

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