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IN BRIEF: Serabi Gold Third Quarter Profit Doubles As Gold Price Jumps

13th Nov 2020 19:03

Serabi Gold PLC - Brazil-focused gold mining and development company - Revenue in three months to September 30 up 11% year-on-year to USD15.9 million from USD14.4 million. Pretax profit doubles to USD4.8 million from USD2.4 million. Average gold price improves to USD1,881 an ounce from USD1,472 a year earlier.

Current stock price: 85.04 pence

Year-to-date change: down 31%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Serabi
FTSE 100 Latest
Value8,774.65
Change-17.15