Shares of Serabi Gold PLC (LON:SRB) hit a new 52-week low on Wednesday . The stock traded as low as GBX 42 ($0.55) and last traded at GBX 45 ($0.59), with a volume of 2700 shares. The stock had previously closed at GBX 45 ($0.59).
Separately, Peel Hunt reaffirmed a “buy” rating on shares of Serabi Gold in a research report on Monday, September 17th.
About Serabi Gold (LON:SRB)
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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