Serabi Gold (AIM:SRB) - Stock Price, News & Analysis

SRB Stock Overview

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

SRB fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	5/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 83.8% below our estimate of its fair value

Earnings are forecast to grow 33.17% per year

Earnings grew by 462.3% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Does not have a meaningful market cap (£63M)

Serabi Gold plc Competitors

AltynGold

LSE:ALTN

UK£60.1m

Shanta Gold

AIM:SHG

UK£180.3m

Goldplat

AIM:GDP

UK£12.2m

Pan African Resources

AIM:PAF

UK£632.4m

Price History & Performance

Summary of all time highs, changes and price drops for Serabi Gold
Historical stock prices
Current Share Price	UK£0.83
52 Week High	UK£0.85
52 Week Low	UK£0.22
Beta	1.06
11 Month Change	30.71%
3 Month Change	19.42%
1 Year Change	245.83%
33 Year Change	28.68%
5 Year Change	1.22%
Change since IPO	-98.68%

Serabi Gold plc's (LON:SRB) Shares Leap 29% Yet They're Still Not Telling The Full Story

Sep 14

Serabi Gold (LON:SRB) Is Experiencing Growth In Returns On Capital

Aug 22

Recent updates

Serabi Gold plc's (LON:SRB) Shares Leap 29% Yet They're Still Not Telling The Full Story

Sep 14

Serabi Gold (LON:SRB) Is Experiencing Growth In Returns On Capital

Aug 22

Is Serabi Gold (LON:SRB) A Risky Investment?

Jun 08

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

Shareholder Returns

	SRB	GB Metals and Mining	GB Market
7D	14.5%	4.1%	0.3%
1Y	245.8%	-8.2%	6.8%

Return vs Industry: SRB exceeded the UK Metals and Mining industry which returned -9.1% over the past year.

Return vs Market: SRB exceeded the UK Market which returned 5.8% over the past year.

Price Volatility

Is SRB's price volatile compared to industry and market?
SRB volatility
SRB Average Weekly Movement	5.0%
Metals and Mining Industry Average Movement	7.1%
Market Average Movement	4.6%
10% most volatile stocks in GB Market	9.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: SRB's share price has been volatile over the past 3 months.

Volatility Over Time: SRB's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	655	Mike Hodgson	www.serabigold.com

Serabi Gold plc engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil. The company explores for and produces gold and copper deposits. It primarily holds 100% interests in the Palito mining complex; and the Coringa Gold Project located in the Tapajos region of northern Brazil.

Serabi Gold plc Fundamentals Summary

How do Serabi Gold's earnings and revenue compare to its market cap?
SRB fundamental statistics
Market cap	UK£62.86m
Earnings (TTM)	UK£8.19m
Revenue (TTM)	UK£57.41m

7.7x

P/E Ratio

1.1x

P/S Ratio

Is SRB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRB income statement (TTM)
Revenue	US$75.85m
Cost of Revenue	US$48.03m
Gross Profit	US$27.82m
Other Expenses	US$17.00m
Earnings	US$10.82m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.14
Gross Margin	36.68%
Net Profit Margin	14.26%
Debt/Equity Ratio	5.7%

How did SRB perform over the long term?

See historical performance and comparison

SRB Stock Overview

Rewards

Risk Analysis

Serabi Gold plc Competitors

LSE:ALTN

UK£60.1m

AIM:SHG

UK£180.3m

AIM:GDP

UK£12.2m

AIM:PAF

UK£632.4m

Price History & Performance

Recent News & Updates

Serabi Gold plc's (LON:SRB) Shares Leap 29% Yet They're Still Not Telling The Full Story

Serabi Gold plc Provides an Operational Update on Its Activities in the Tapajos Region of Para State, Northern Brazil

Second quarter 2024 earnings released: EPS: US$0.074 (vs US$0.046 in 2Q 2023)

Serabi Gold plc Announces CFO Changes

Serabi Gold (LON:SRB) Is Experiencing Growth In Returns On Capital

Serabi Gold plc Provides Consolidated Production Guidance for the Fiscal Year 2024

Recent updates

Serabi Gold plc's (LON:SRB) Shares Leap 29% Yet They're Still Not Telling The Full Story

Serabi Gold plc Provides an Operational Update on Its Activities in the Tapajos Region of Para State, Northern Brazil

Second quarter 2024 earnings released: EPS: US$0.074 (vs US$0.046 in 2Q 2023)

Serabi Gold plc Announces CFO Changes

Serabi Gold (LON:SRB) Is Experiencing Growth In Returns On Capital

Serabi Gold plc Provides Consolidated Production Guidance for the Fiscal Year 2024

Is Serabi Gold (LON:SRB) A Risky Investment?

First quarter 2024 earnings released: EPS: US$0.048 (vs US$0.019 in 1Q 2023)

Consensus EPS estimates increase by 118%

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