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  2. Share Prices
  3. Serabi Share Price
  4. Serabi Share News
  5. IN BRIEF: Serabi Gold shares rise as interim profit doubles

Pin to quick picksSerabi Share News (SRB)

Serabi Information

Share Price Information for Serabi (SRB)

London Stock Exchange
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Share Price: 64.00
Bid: 63.00
Ask: 65.00
Change: -2.00 (-3.03%)
Spread: 2.00 (3.175%)
Open: 66.00
High: 66.00
Low: 64.00
Prev. Close: 66.00
SRB Live PriceLast checked at -

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IN BRIEF: Serabi Gold shares rise as interim profit doubles

Thu, 31st Aug 2023 18:34

Serabi Gold PLC - Brazilian-focused gold mining and development company - Pretax profit in the first half of 2023 doubles to USD5.1 million from USD2.5 million a year prior. Revenue falls 2.2% to USD30.5 million from USD31.2 million. However, cost of sales decrease 11% to USD20.7 million from USD23.3 million. Total costs contract 12% to USD23.1 million from USD26.2 million. Looking ahead, Serabi says: "The most recent plans assume that during 2023 the group will continue gold production from its Palito complex operation as well as increase production from the Coringa mine and will be able to increase gold production to exceed the levels of 2022. "

Current stock price: 24.70 pence, closed up 9.8% on Thursday

12-month change: down 20%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 Jan 2020 11:14

Serabi Gold Forecasts Improved Production As Brazil Operations Do Well

Serabi Gold Forecasts Improved Production As Brazil Operations Do Well

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6 Jan 2020 11:06

Serabi Gold Shares Rise On Drilling Results At Sao Chico Project

Serabi Gold Shares Rise On Drilling Results At Sao Chico Project

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6 Jan 2020 10:03

Serabi Gold shares rise on results from Sao Chico drilling

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced results from its ongoing surface and underground exploration diamond drilling programme on the Sao Chico orebody at its Palito Complex on Monday.

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3 Jan 2020 11:51

Friday broker round-up

(Sharecast News) - Homeserve: Peel Hunt upgrades to buy with a target price of 1,450p.

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23 Dec 2019 17:35

Serabi Gold In Agreement To Extend Final USD12 Million Coringa Payment

Serabi Gold In Agreement To Extend Final USD12 Million Coringa Payment

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23 Dec 2019 14:51

Serabi Gold pushes back date for final Chapleau payment

(Sharecast News) - Brazil-focussed gold exploration and development company Serabi Gold announced on Monday that itself and Equinox Gold Corporation - the parent company of Anfield Gold Corporation - agreed on 20 December to extend the final payment date for the deferred consideration due over the acquisition of Chapleau Resources.

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12 Nov 2019 13:31

Tuesday broker round-up

(Sharecast News) - BBA Aviation: HSBC downgrades to hold with a target price of 330p.

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11 Nov 2019 12:58

Serabi Swings To Third Quarter Profit; Output Edges To 2019 Target

Serabi Swings To Third Quarter Profit; Output Edges To 2019 Target

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11 Nov 2019 11:52

Serabi Gold turns in solid third quarter performance

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported EBITDA of $4.6m (£3.59m) in its third quarter results on Monday, swinging from the small loss it made at the same time last year.

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22 Oct 2019 12:27

Serabi Files Coringa Technical Report; Construction 2020 Third Quarter

Serabi Files Coringa Technical Report; Construction 2020 Third Quarter

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14 Oct 2019 15:50

Serabi Gold pleased with third quarter results from Tapajos

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold released the results and a review of its third quarter operational and development activities in the Tapajos region of Para State in the north of the country on Monday.

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14 Oct 2019 09:06

Serabi Gold Production Up In Third Quarter, Narrows Annual Guidance

Serabi Gold Production Up In Third Quarter, Narrows Annual Guidance

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15 May 2019 15:00

Serabi Gold sees EBITDA surge in first quarter

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported a 47% improvement in its EBITDA for its first quarter on Wednesday, to $4.3m.

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15 Apr 2019 15:23

Serabi Gold sees improved production in first quarter

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported first quarter gold production of 10,164 ounces on Monday, up from 9,188 ounces year-on-year and maintaining the momentum from the end of 2018.

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13 Feb 2019 14:00

Serabi Gold starts year on a strong note

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on its operations and projects in Brazil on Wednesday, reporting January gold production of 3,671 ounces, in line with its previous guidance.

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