Serabi Gold plc's (LON:SRB) Shares Leap 29% Yet They're Still Not Telling The Full Story
Sep 14
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
U.K. (FTSE) Gold Industry Analysis
UpdatedSep 20, 2024
DataAggregated Company Financials
Companies23
- 7D3.0%
- 3M12.7%
- 1Y61.7%
- YTDn/a
Greatland Gold is up 20%, leading the way for the Gold industry, which has gained 3.0%. In the last 12 months, the industry was up 62%. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the U.K. Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Sep 2024 | UK£4.0b | UK£1.9b | UK£122.6m | 9.4x | 32.5x | 2.1x |
| Sun, 18 Aug 2024 | UK£3.6b | UK£1.8b | UK£54.2m | 7.1x | 66.9x | 2x |
| Tue, 16 Jul 2024 | UK£3.7b | UK£1.8b | UK£49.0m | 8.2x | 75.9x | 2.1x |
| Thu, 13 Jun 2024 | UK£3.4b | UK£1.8b | UK£49.0m | 8.1x | 69.4x | 1.9x |
| Sat, 11 May 2024 | UK£3.6b | UK£2.0b | UK£64.4m | 12x | 56x | 1.8x |
| Mon, 08 Apr 2024 | UK£3.3b | UK£2.0b | UK£39.7m | 14.4x | 83x | 1.6x |
| Wed, 06 Mar 2024 | UK£2.9b | UK£2.0b | UK£41.7m | 12x | 69.3x | 1.5x |
| Fri, 02 Feb 2024 | UK£3.9b | UK£4.8b | -UK£195,405,852.00 | 9.1x | -20.1x | 0.8x |
| Sun, 31 Dec 2023 | UK£4.1b | UK£4.8b | -UK£195,413,194.00 | 8.2x | -20.8x | 0.8x |
| Tue, 28 Nov 2023 | UK£4.0b | UK£4.9b | -UK£196,089,599.00 | 9.2x | -20.2x | 0.8x |
| Thu, 26 Oct 2023 | UK£3.5b | UK£4.9b | -UK£193,944,128.00 | 10x | -18.2x | 0.7x |
| Sat, 23 Sep 2023 | UK£3.6b | UK£4.9b | -UK£196,218,184.00 | 7.5x | -18.4x | 0.7x |
| Mon, 21 Aug 2023 | UK£3.5b | UK£4.8b | -UK£162,023,891.00 | 7x | -21.6x | 0.7x |
| Wed, 19 Jul 2023 | UK£3.7b | UK£4.7b | -UK£163,426,376.00 | 6x | -22.4x | 0.8x |
| Fri, 16 Jun 2023 | UK£3.5b | UK£4.8b | -UK£166,496,362.00 | 6.2x | -21.2x | 0.7x |
| Sun, 14 May 2023 | UK£4.2b | UK£4.9b | -UK£164,263,617.00 | 8.7x | -25.9x | 0.9x |
| Tue, 11 Apr 2023 | UK£4.2b | UK£4.9b | -UK£124,465,676.00 | 10x | -33.7x | 0.9x |
| Thu, 09 Mar 2023 | UK£3.7b | UK£4.9b | UK£292.6m | 8.7x | 12.6x | 0.7x |
| Sat, 04 Feb 2023 | UK£4.0b | UK£4.9b | UK£301.6m | 9.5x | 13.4x | 0.8x |
| Mon, 02 Jan 2023 | UK£4.1b | UK£4.9b | UK£300.6m | 9.2x | 13.6x | 0.8x |
| Wed, 30 Nov 2022 | UK£4.0b | UK£4.9b | UK£308.8m | 8.3x | 12.9x | 0.8x |
| Fri, 28 Oct 2022 | UK£3.7b | UK£5.1b | UK£323.0m | 7.1x | 11.6x | 0.7x |
| Sun, 25 Sep 2022 | UK£3.5b | UK£5.5b | UK£1.0b | 5.1x | 3.4x | 0.6x |
| Tue, 23 Aug 2022 | UK£4.4b | UK£5.2b | UK£939.6m | 5.6x | 4.7x | 0.8x |
| Thu, 21 Jul 2022 | UK£4.4b | UK£5.1b | UK£944.1m | 5.6x | 4.6x | 0.8x |
| Sat, 18 Jun 2022 | UK£4.8b | UK£5.0b | UK£926.1m | 5.3x | 5.1x | 0.9x |
| Mon, 16 May 2022 | UK£4.8b | UK£5.0b | UK£934.4m | 5.3x | 5.2x | 1x |
| Wed, 13 Apr 2022 | UK£5.9b | UK£4.8b | UK£898.8m | 7.4x | 6.6x | 1.2x |
| Fri, 11 Mar 2022 | UK£5.1b | UK£4.7b | UK£923.4m | 6.8x | 5.5x | 1.1x |
| Sun, 06 Feb 2022 | UK£9.4b | UK£4.6b | UK£1.0b | 6.3x | 9x | 2x |
| Tue, 04 Jan 2022 | UK£11.0b | UK£4.7b | UK£1.0b | 6.4x | 10.5x | 2.4x |
| Thu, 02 Dec 2021 | UK£11.4b | UK£4.7b | UK£1.1b | 8.5x | 10.7x | 2.4x |
| Sat, 30 Oct 2021 | UK£11.7b | UK£4.6b | UK£1.0b | 7.7x | 11.3x | 2.5x |
| Mon, 27 Sep 2021 | UK£11.2b | UK£4.6b | UK£1.0b | 8.6x | 10.8x | 2.4x |
Price to Earnings Ratio
10.8x
Current Industry PE
- Investors are optimistic on the British Gold industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.5x which is higher than its 3-year average PE of 13.3x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Gold industry have declined 51% per year over the last three years,
- Revenues have also declined 26% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.K. Gold compare with similar industries?
| GB Market | 1.14% | |
| Materials | 4.65% | |
| Metals and Mining | 4.85% | |
| Gold | 2.97% | |
| Precious Metals and Minerals | 8.57% | |
| Copper | 7.57% | |
| Diversified Metals and Mining | 4.49% | |
| Steel | 3.57% | |
| Aluminum | 0% | |
| Silver | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GGP Greatland Gold | UK£0.062 | 20.1% +UK£52.9m | -10.2% | PB6.3x | |
| PAF Pan African Resources | UK£0.33 | 7.9% +UK£47.0m | 108.1% | PE10.7x | |
| HOC Hochschild Mining | UK£1.80 | 2.7% +UK£24.7m | 108.4% | PE42.1x | |
| ALTN AltynGold | UK£2.20 | 16.4% +UK£8.5m | 118.4% | PE7x | |
| SRB Serabi Gold | UK£0.87 | 12.3% +UK£7.2m | 234.6% | PE8.1x |