15th Jan 2021 14:56
Serabi Gold PLC - Brazil-focused gold miner - Gold output in fourth quarter of 2020 falls 29% to 7,254 ounces from 10,233 ounces in year prior, but up 0.4% quarter-on-quarter. Annual output falls 20% to 32,003 ounces from 40,101 ounces. Expects 2021 output between 33,000 and 36,000 ounces, potentially an 11% rise on 2020, before reaching 45,000 ounces in 2022.
Current stock price: 89.00 pence
Year-to-date change: down 7.3%
By Eric Cunha; [email protected]
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