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Share Price: 64.00

Bid: 63.00

Ask: 65.00

Change: 3.00 (4.92%)

Spread: 2.00 (3.175%)

Open: 61.00

High: 64.00

Low: 61.00

Prev. Close: 61.00

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IN BRIEF: Serabi reports suspension of two local managers in Brazil

Tue, 06th Apr 2021 19:25

Serabi Gold PLC- exploration and production company focussed on Brazil - Says the UK executive management and the board has suspended two local managers in Brazil. The company says it has engaged lawyers in Brazil who have commenced their own internal enquiries whilst BDO LLP, Serabi's auditors, are undertaking further work to resolve the audit issues identified in Brazil.

Serabi notes that continuing production at Palito and Sao Chico is unaffected, and it expects to provide its routine update on production for the first quarter towards the end of April.

Current stock price: 61.00 pence, down 9.0% on Tuesday

Year-to-date change: down 37%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

More News

17 Jan 2023 17:22

Serabi exceeds full-year gold production estimates

(Sharecast News) - Brazil-focussed gold miner and developer Serabi said gold production in the fourth quarter of 2022 totalled 7,798 ounces.

17 Jan 2023 11:12

AIM WINNERS & LOSERS: Revolution Bars to hit lower end of guidance

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

13 Dec 2022 12:40

Serabi Gold keeps costs in line as earnings fall

(Sharecast News) - Serabi Gold reported third-quarter production of 8,541 ounces on Tuesday, bringing total gold production for the first nine months of 2022 to 24,021 ounces.

17 Oct 2022 08:16

IN BRIEF: Serabi Gold on track to exceed annual gold output guidance

Serabi Gold PLC - Brazil-focused gold miner - On Thursday last week, says total gold production for the third quarter totals 8,542 ounces, up from 8,418 ounces in the second quarter, but down from 9,035 ounces a year ago. Says this quarter saw "2,600 tonnes of higher-grade Coringa development ore transported to Palito, contributing 570 ounces of gold production for the quarter".

26 Sep 2022 20:22

TRADING UPDATES: AltynGold, Rambler Metals & Mining revenue grows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

26 Sep 2022 14:07

Serabi Gold upbeat on latest drilling at Palito

(Sharecast News) - Serabi Gold updated the market on exploration at its Palito Mine in the Tapajos region of Brazil's Para state on Monday.

2 Sep 2022 06:58

IN BRIEF: Serabi Gold half-year profit falls 68% on cost of sales

Serabi Gold PLC - Brazil-focused gold miner - On Wednesday reports interim profit falls on growing costs. Pretax profit in the six months to June 30 falls 68% to USD2.5 million from USD7.9 million a year prior. Revenue falls by 4.0% to USD31.2 million from USD32.5 million. Cost of sales surge 27% to USD23.3 million from USD18.4 million.

23 Aug 2022 21:59

IN BRIEF: Serabi Gold must prepare additional study at Coringa project

Serabi Gold PLC - London-based Brazil-focused gold miner - Says that an appeal has been upheld requiring the company to prepare an additional study to assess the impact of its activities at the Coringa Gold project in Brazil. Serabi had previously contested that this study was not a legal requirement.

17 Aug 2022 14:53

Serabi Gold reports positive sampling from Tapajos region

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold updated the market on operations in the Tapajos region of the country's Para State on Tuesday, reporting total July production of 2,703 ounces.

17 Aug 2022 14:21

IN BRIEF: Serabi Gold shares up on gold production in Para, Brazil

Serabi Gold PLC - London-based Brazil-focused gold miner - Says it's on track to meet its gold production guidance of 30,000 ounces of gold in 2022. Finds up to 302.37 grammes of gold per tonne at its Coringa project in the Tapajos region of Para, a state in northern Brazil. Says produced 2,703 ounces of gold in July.

8 Aug 2022 12:57

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Serabi Share News (SRB)

Share Price Information for Serabi (SRB)

IN BRIEF: Serabi reports suspension of two local managers in Brazil

Serabi exceeds full-year gold production estimates

AIM WINNERS & LOSERS: Revolution Bars to hit lower end of guidance

Serabi Gold keeps costs in line as earnings fall

IN BRIEF: Serabi Gold on track to exceed annual gold output guidance

TRADING UPDATES: AltynGold, Rambler Metals & Mining revenue grows

Serabi Gold upbeat on latest drilling at Palito

IN BRIEF: Serabi Gold half-year profit falls 68% on cost of sales

IN BRIEF: Serabi Gold must prepare additional study at Coringa project

Serabi Gold reports positive sampling from Tapajos region

IN BRIEF: Serabi Gold shares up on gold production in Para, Brazil

Michael Lynch-Bell appointed as new Serabi Gold chair

Serabi Gold appoints former EY partner Lynch-Bell as chair

Serabi mines less gold in first half but expects to hit 2022 target

Serabi reports 'strong improvement' in Q2 production

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