ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SRB Serabi Gold Plc

80.50
0.00 (0.00%)
14 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serabi Gold Plc LSE:SRB London Ordinary Share GB00BG5NDX91 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 80.50 71,304 08:00:00
Bid Price Offer Price High Price Low Price Open Price
79.00 82.00 80.50 80.50 80.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores USD 63.71M USD 1.14M USD 0.0150 53.67 60.97M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:38:01 O 12,500 80.50 GBX

Serabi Gold (SRB) Latest News

Serabi Gold (SRB) Discussions and Chat

Serabi Gold (SRB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-10-14 15:38:0280.5012,50010,062.50O
2024-10-14 15:04:5881.051,233999.35O
2024-10-14 15:02:1380.412,4281,952.35O
2024-10-14 14:52:2681.05360291.78O
2024-10-14 14:42:3581.05324262.60O

Serabi Gold (SRB) Top Chat Posts

Top Posts
Posted at 14/10/2024 09:20 by Serabi Gold Daily Update
Serabi Gold Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker SRB. The last closing price for Serabi Gold was 80.50p.
Serabi Gold currently has 75,734,551 shares in issue. The market capitalisation of Serabi Gold is £60,966,314.
Serabi Gold has a price to earnings ratio (PE ratio) of 53.67.
This morning SRB shares opened at 80.50p
Posted at 11/10/2024 16:27 by loganair
From Serabi's latest update:

With production of 22,000oz to 24,000oz per annum from Palito and an average production from Coringa of 36,000oz between 2026 and 2031, the Company projects sustainable production of approximately 60,000oz going forward. With this assumption, the average AISC would be $1,400/oz to $1,550/oz for Palito (dependent on grade) and $1,241 for Coringa resulting in a consolidated average AISC of between $1,300/oz and $1,360/oz.


If take AISC at $1,400/oz @ average price of gold at $2,500/oz & 60,000oz production = $66mln profit per year. At current share price = market cap of £60mln ($78mln).
Posted at 06/10/2024 09:14 by tightfist
Worth noting.......During the last seven days there has been (on Stockopedia) a 30%+ uplift in SRB EPS Consensus Forecast to 27p in FY2024, and 46p for FY2025..... a PPE of 2.7 for this year, and 1.6 next year. Meanwhile, the share price drops 20%..... figure that out!
Posted at 25/9/2024 19:51 by millwallfan
And the share price from mid 50s to high 80’s in a matter of weeks !!
Posted at 16/9/2024 16:16 by nimrod22
Fill your boots. SRB passes the following long term screens: - SRB Josef Lakonishok Momentum Screen(Momentum Investing), Piotroski High F-Score Screen(Quality Investing), Piotroski F-Score Price to Earnings Value Screen (Value Investing), Neglected Firms Screen (Value Investing), and the The Screen of Screens(Quality Investing). Lots more to come with this share.
I sold CEY and put the cash in to MTL, PAF, FRES, EDV, RSG, and some Canadian miners, much more profitable than waiting for something more to happen at CEY
Posted at 11/9/2024 19:12 by millwallfan
Decent update and outlook. Should underpin recent share price range around the mid 60’s. A sniff of the licence progressing and no mine or political disasters and hopefully we will push towards £1. Critical to now deliver 38,000 plus for full year to maintain momentum.
Posted at 11/9/2024 18:15 by loganair
What I wrote was accurate, the cost of mining, labour costs, energy cost, transportation cost etc were rising fast through 2021, 2022, first half 2023, while the price of gold remained pretty static was why the share price of the miners remained pretty static.

It's only been since Autumn 2023 that the gold price rose above its $2,000 level which is only now slowly starting to be reflected in the share price of the miners.
Posted at 06/8/2024 19:55 by loganair
The rise in gold prices will continue in the near term amid the geopolitical situation, deepening fragmentation of the global economy and other factors, Nikolay Dudchenko from Finam said.

The increased probability of a full-scale conflict escalation start in the Middle East and a ‘pacifyingR17; signal from FOMC of the US Federal Reserve at the committee meeting last week became main causes of active growth of gold prices that started in mid-July, the expert sad.

"Our gold price forecasts are optimistic. We believe the rise in prices will continue with a greater degree of probability. This is especially so for long-term prospects," Dudchenko said. The process of gold prices growth will be facilitated by the geopolitical situation, continuing fragmentation of the global economic system, where we are becoming witnesses to de-globalization and the gradual slow process of the loss of the world reserve currency status by the dollar, and by the possible trade war between the US and China in the future, the analyst noted. "It is fairly difficult to predict the future level of gold prices. We believe the asset has the probability to reach the level of $2,700 [per ounce] in one-two years to come. In the best case, we will be able to see this level even in the present year," he said.

The gold price will stand at $2,500-2,600 per ounce in the baseline best case, Dudchenko added.

Expectations of Fed rate lowering, the conflict in the Middle East, gold buying by central banks and inflow or outflow of money to gold ETFs continue to be key drivers of gold prices, Tatiana Galich from Renaissance Capital said. "According to our estimates, the average gold price can be about $2,300-2,400 per ounce in 2024 but we do not rule out a higher price level in case of more aggressive lowering of the Fed rate in the second half of 2024 and conflict escalation in the Middle East," Galich stressed. The pressure on prices may come from slowdown of economic growth in China and the US, which may entail in particular jewelry demand contraction, she added.
Posted at 18/7/2024 22:24 by kennyp52
Great board here and some interesting views and posts .. all leading to my conclusion the share price is depressed due to poor management over the last half a dozen years with constant jam tomorrow. I am holding as I think if they get it spot on this could easily achieve a 500p share price so a target of 250p seems reasonable in my mind. My gut feeling is the license will be granted .. it seems to be moving forward and all this investment indicates the director’s confidence .. surely they cannot be that incompetent!

If I have read it right .. I think they are proposing a doubling of the trial license mine throughput to 100ktpa?? The trucking issue is probably not such an issue given it seems they are transporting this amount anyway and there is a road !!??

There are no practical reasons why the final quarter will not hit guidance.

I just hope these guys produce the goods for once !
Posted at 12/4/2024 08:28 by rachael777
The volume of shares traded has fallen off a cliff as we wait for first quarter production figures. The snap back rise in share price for an in line figure is going to be quite dramatic given that the share price is ignoring the current one way move in gold price.
Posted at 14/3/2024 10:02 by kennyp52
Just asking Boris .. did your alarm go off in 2020 ? Near 100% accurate eh ? …

BorisJohnsonsHair - 28 Aug 2020 - 06:58:41 - 365 of 8818 Serabi Gold - SRB
On subject of dividends. When Coringa at 38,000 the FCF will be US$70M annually assuming $850 / ounce after AISC and 86,000 output total. They could easily issue a 25% dividend based on today’s share price. The share price won’t stay at these levels however the dividend for shares brought lower than 100p will still represent this level of yield. HAPPY DAYS. The future is sooo bright. The above ignores the mega game changing exploration. SRB a US$1B company = £13.2 share price. My previous estimates of 500p are too cautious.

If you was 97% accurate you would have bought your own island by now next to Branson .. but you are not are you ? Probably just a fantasy trader , lost so much in the past you get desperate to win when you actually invest in a share ? Desperate Dan is a better avatar for you .. although Boris Johnson is a serial liar .. so maybe that’s why you chose it ?
Serabi Gold share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock