Serabi Gold Future Growth

Future criteria checks 4/6

Serabi Gold is forecast to grow earnings and revenue by 20.1% and 8.6% per annum respectively. EPS is expected to grow by 19.8% per annum. Return on equity is forecast to be 9.6% in 3 years.

Key information

20.1%

Earnings growth rate

19.8%

EPS growth rate

Metals and Mining earnings growth	10.7%
Revenue growth rate	8.6%
Future return on equity	9.6%
Analyst coverage	Low
Last updated	29 Apr 2024

Recent future growth updates

Recent updates

Serabi Gold plc (LON:SRB) Held Back By Insufficient Growth Even After Shares Climb 28%

Feb 29

There's Been No Shortage Of Growth Recently For Serabi Gold's (LON:SRB) Returns On Capital

Sep 20

Is Serabi Gold (LON:SRB) Using Too Much Debt?

Aug 09

We Like These Underlying Return On Capital Trends At Serabi Gold (LON:SRB)

Nov 10

Is Serabi Gold (LON:SRB) Using Too Much Debt?

Sep 17

Investors Will Want Serabi Gold's (LON:SRB) Growth In ROCE To Persist

Aug 10

There's Been No Shortage Of Growth Recently For Serabi Gold's (LON:SRB) Returns On Capital

Apr 13

Why Investors Shouldn't Be Surprised By Serabi Gold plc's (LON:SRB) 26% Share Price Plunge

Dec 21

Serabi Gold (LON:SRB) Shareholders Will Want The ROCE Trajectory To Continue

Dec 09

We Like Serabi Gold's (LON:SRB) Returns And Here's How They're Trending

Mar 10

Serabi Gold plc's (LON:SRB) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Feb 10

The Serabi Gold (LON:SRB) Share Price Has Gained 66% And Shareholders Are Hoping For More

Jan 12

Does Serabi Gold (LON:SRB) Have A Healthy Balance Sheet?

Dec 15

These Trends Paint A Bright Future For Serabi Gold (LON:SRB)

Nov 24

Earnings and Revenue Growth Forecasts

AIM:SRB - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	89	N/A	N/A	N/A	1
12/31/2025	89	10	19	27	2
12/31/2024	77	6	6	20	2
12/31/2023	64	7	5	12	N/A
9/30/2023	62	5	6	12	N/A
6/30/2023	58	2	5	11	N/A
3/31/2023	59	-1	-1	6	N/A
12/31/2022	59	-1	-6	2	N/A
9/30/2022	61	1	-4	6	N/A
6/30/2022	62	6	-5	6	N/A
3/31/2022	60	10	-3	8	N/A
12/31/2021	63	10	5	15	N/A
9/30/2021	57	7	6	14	N/A
6/30/2021	59	10	9	16	N/A
3/31/2021	59	8	12	18	N/A
12/31/2020	56	7	8	15	N/A
9/30/2020	61	8	10	17	N/A
6/30/2020	60	6	9	17	N/A
3/31/2020	56	3	6	14	N/A
12/31/2019	60	4	9	19	N/A
9/30/2019	54	0	4	13	N/A
6/30/2019	47	-4	-2	7	N/A
3/31/2019	47	-4	-4	5	N/A
12/31/2018	43	-6	-7	2	N/A
9/30/2018	45	-4	-3	5	N/A
6/30/2018	51	-2	3	10	N/A
3/31/2018	49	-2	4	11	N/A
12/31/2017	48	-2	2	8	N/A
9/30/2017	47	2	N/A	11	N/A
6/30/2017	50	2	N/A	13	N/A
3/31/2017	54	3	N/A	14	N/A
12/31/2016	53	4	N/A	16	N/A
9/30/2016	50	1	N/A	12	N/A
6/30/2016	42	1	N/A	8	N/A
3/31/2016	39	1	N/A	7	N/A
12/31/2015	35	0	N/A	4	N/A
9/30/2015	34	3	N/A	3	N/A
6/30/2015	31	3	N/A	-2	N/A
3/31/2015	20	1	N/A	-8	N/A
12/31/2014	13	0	N/A	-13	N/A
9/30/2014	5	-6	N/A	-16	N/A
6/30/2014	N/A	-7	N/A	-13	N/A
3/31/2014	N/A	-6	N/A	-10	N/A
12/31/2013	N/A	-6	N/A	-8	N/A
9/30/2013	N/A	-5	N/A	-4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRB's forecast earnings growth (20.1% per year) is above the savings rate (1.8%).

Earnings vs Market: SRB's earnings (20.1% per year) are forecast to grow faster than the UK market (12.4% per year).

High Growth Earnings: SRB's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SRB's revenue (8.6% per year) is forecast to grow faster than the UK market (3.4% per year).

High Growth Revenue: SRB's revenue (8.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SRB's Return on Equity is forecast to be low in 3 years time (9.6%).

Serabi Gold Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Serabi Gold plc Provides Production Guidance for the Full Year 2024

Consensus EPS estimates fall by 23%, revenue upgraded

Serabi Gold plc Provides Production Guidance for the Calendar Year 2023

Serabi Gold plc Provides Production Guidance for the Year of 2023

Serabi Gold plc Provides Production Guidance for the Fiscal Year 2022

Serabi Gold plc Provides Production Guidance for the Full Year 2022

Recent updates

Full year 2023 earnings: EPS exceeds analyst expectations

Serabi Gold plc, Annual General Meeting, Jun 13, 2024

Serabi Gold plc (LON:SRB) Held Back By Insufficient Growth Even After Shares Climb 28%

Returns On Capital Are Showing Encouraging Signs At Serabi Gold (LON:SRB)

New major risk - Share price stability

Serabi Gold plc Announces Three Year Renewal of the Trial Mining Licence for Its Wholly Owned Coringa Mine

Serabi Gold plc Provides Production Guidance for the Full Year 2024

Serabi Gold plc (LON:SRB) Shares Fly 26% But Investors Aren't Buying For Growth

Serabi Gold plc Provides Update on Matilda Copper Project - Exploration Results Confirm Project Potential

Consensus EPS estimates fall by 23%, revenue upgraded

Third quarter 2023 earnings released: US$0.005 loss per share (vs US$0.039 loss in 3Q 2022)

Serabi Gold plc Provides Greenfield Exploration Update from its Activities in its Palito Complex Regional Tenements in the Tapajos Region of Para State, Northern Brazil

Serabi Gold Updates Mineral Reserve Estimates for its Palito Complex

We Think Serabi Gold (LON:SRB) Is Taking Some Risk With Its Debt

Serabi Gold Inc. Announces Updated Mineral Resource Estimate for Palito Complex

There's Been No Shortage Of Growth Recently For Serabi Gold's (LON:SRB) Returns On Capital

Second quarter 2023 earnings released: EPS: US$0.046 (vs US$0.005 in 2Q 2022)

Is Serabi Gold (LON:SRB) Using Too Much Debt?

Serabi Gold plc Provides an Exploration Update from Its Palito Mine in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Appoints Deborah Gudgeon as Non-Executive Director

Serabi Gold plc Provides Production Guidance for the Calendar Year 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Serabi Gold plc Announces the Appointment of Carolina Margozzini as a Non-Executive Director

Serabi Gold plc Provides Production Guidance for the Year of 2023

Third quarter 2022 earnings released

Less than half of directors are independent

We Like These Underlying Return On Capital Trends At Serabi Gold (LON:SRB)

Serabi Gold plc Provides Exploration Update from Its Palito Mine in the Tapajos Region of Para State, Northern Brazil

Is Serabi Gold (LON:SRB) Using Too Much Debt?

Second quarter 2022 earnings released: EPS: US$0.005 (vs US$0.063 in 2Q 2021)

Serabi Gold plc Provides Update on Coringa Licencing

Serabi Gold plc Provides an Update from Its Operations in the Tapajos Region of Para State, Northern Brazil

Investors Will Want Serabi Gold's (LON:SRB) Growth In ROCE To Persist

Serabi Gold plc Announces Executive Changes

Serabi Gold plc Updates Market on Successful Maiden Drill Programme of Matilda Prospect Within the Palito Complex in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Provides Production Guidance for the Fiscal Year 2022

Serabi Gold plc Reports Further Positive Results from Its Coringa Development Project in the Tapajos Region of Para State, Northern Brazil

Serabi Gold plc Provides Production Update

Full year 2021 earnings released: EPS: US$0.14 (vs US$0.12 in FY 2020)

Serabi Gold plc Announces Resignation of Sean Harvey from its Board

Serabi Gold plc Provides Update on Its Production at the Palito Complex, Development

Less than half of directors are independent

Serabi Gold plc Provides Production Guidance for the Full Year 2022

There's Been No Shortage Of Growth Recently For Serabi Gold's (LON:SRB) Returns On Capital

Serabi Gold plc to Report Q3, 2022 Results on Nov 30, 2022

Serabi Gold plc Announces Airborne Survey from Sao Domingos Delineates Continuation of Significant Magnetic Feature and Enhance Structural Understanding

Serabi Gold plc Announces First Orebody Intersected at Coringa Mine Development

Serabi Gold plc Provides Assay Results from Recent Surface and Underground Exploration Drillholes into the Chico Da Santa Sector, as Well as the First Results into Pele Sector At the Palito Gold Mine, Para State, Northern Brazil

Why Investors Shouldn't Be Surprised By Serabi Gold plc's (LON:SRB) 26% Share Price Plunge

Serabi Gold plc Provides Assay Results from Recent Drillholes and Historical Holes Previously Unlogged into the Recently Identified Gabi Vein, Which Lies Just Outside the Current Sao Chico Mine Workings, At Its Palito Complex, Para State, Northern Brazil

Serabi Gold (LON:SRB) Shareholders Will Want The ROCE Trajectory To Continue

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Less than half of directors are independent

Serabi Gold plc Updates the Market on Exploration Sampling and Ongoing Drilling from the São Domingos Project

Serabi Gold plc Provides Production Guidance for the Full Year 2021

Serabi Gold plc Updates the Market on Exploration Drilling Results from the Toucano Zone at the Sao Domingos Project

Serabi Gold Announces Successful High-Grade Exploration Drilling Extends the Newly Developed Mogno and Ipe Lodes At Depth and Potentially Along Strike

We Like Serabi Gold's (LON:SRB) Returns And Here's How They're Trending

Serabi Gold plc has completed a Follow-on Equity Offering in the amount of £12.4875 million.

New 90-day low: UK£0.77

Serabi Gold plc Announces Further Positive Results from Its Ongoing Regional Exploration Activity at Its Calico Target

Serabi Gold plc's (LON:SRB) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Serabi Gold plc Announces First Exploration Drilling Results At the Recently Acquired Sao Domingos Project

The Serabi Gold (LON:SRB) Share Price Has Gained 66% And Shareholders Are Hoping For More

Does Serabi Gold (LON:SRB) Have A Healthy Balance Sheet?

These Trends Paint A Bright Future For Serabi Gold (LON:SRB)

New 90-day low: UK£0.81

Third quarter 2020 earnings released: EPS US$0.062

Serabi Gold plc (AIM:SRB) acquired Sao Domingos Exploration License from Brazil Americas Investments & Participation Mineração Ltda. for $0.1 million.