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Share Price: 72.00

Bid: 71.00

Ask: 73.00

Change: 3.50 (5.11%)

Spread: 2.00 (2.817%)

Open: 68.50

High: 72.00

Low: 68.50

Prev. Close: 68.50

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IN BRIEF: Serabi Gold swings to profit; revenue climbs

Mon, 29th Apr 2024 20:48

Serabi Gold PLC - Brazil-focused gold mining and development company - Revenue rises to USD63.7 million in 2023 from USD58.7 million a year earlier. Swings to pretax profit of USD8.2 million from a loss of USD776,304. Gold production for the full year of 2023 increases to 33,153 ounces from 31,819 ounces.

Looking ahead, notes a "robust" first quarter, with 9,007 ounces of gold production. Outlines production guidance of between 38,000 and 40,000 ounces of gold for the 2024. For 2023 it had reported gold production of 33,153 ounces.

Current stock price: 67.00 pence, closed up 4.7% in London on Monday

12-month change: more than double from 27.50p

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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30 Sep 2021 14:42

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27 Sep 2021 10:35

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20 Sep 2021 12:14

IN BRIEF: Serabi Gold begins mine development at Coringa gold project

20 Sep 2021 09:14

Serabi Gold starts mining development at Coringa

(Sharecast News) - Brazil-focussed mining and development company Serabi Gold announced the start-up of mining development at its wholly-owned gold project at Coringa on Monday, 200 kilometres south of its current gold operation at Palito.

13 Aug 2021 12:43

IN BRIEF: Serabi Gold reports encouraging Sao Chico drill results

13 Aug 2021 09:16

Serabi Gold upbeat on drilling at Sao Chico

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on ongoing drilling from the Sao Chico project on Friday, where brownfield diamond drilling had further demonstrated the potential of extensions to the main mineralised corridor on the Julia lode.

22 Jul 2021 20:57

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22 Jul 2021 16:02

Serabi pleased with latest sampling from Sao Domingos

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on exploration sampling and ongoing drilling from the São Domingos project on Thursday.

15 Jul 2021 14:41

TRADING UPDATES: DX expands in Kent; Serabi in best quarter since 2019

15 Jul 2021 10:32

Serabi posts best quarterly production since 2019

(Sharecast News) - Brazil-focussed gold development and mining company Serabi Gold reported a "robust" second quarter on Thursday, with gold production totalling 9,274 ounces, making for the best quarterly performance since 2019.

25 Jun 2021 16:35

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8 Jun 2021 09:05

Serabi Gold upbeat on drilling results from Toucano Zone

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on exploration drilling results from the Toucano Zone at the Sao Domingos project on Tuesday, which lies to the west and along strike of its Sao Chico deposit.

18 May 2021 15:50

UK shareholder meetings calendar - next 7 days

12 May 2021 16:29

IN BRIEF: Serabi Gold sacks 2 managers in Brazil over cash withdrawals

11 May 2021 11:45

Serabi Gold pleased with latest drilling at Palito

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on exploration drilling at the Palito Mine on Tuesday, where the combination of surface and underground drilling had confirmed depth and plunge continuity of the high grades in the Mogno and Ipe lodes.

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IN BRIEF: Serabi Gold swings to profit; revenue climbs

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