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Last 3.88 GBp
Change Today -0.25 / -6.06%
Volume 433.1K
SRB On Other Exchanges
As of 11:30 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

serabi gold plc (SRB) Snapshot

4.13 GBp
Previous Close
4.13 GBp
Day High
4.13 GBp
Day Low
3.88 GBp
52 Week High
08/5/14 - 7.38 GBp
52 Week Low
01/14/15 - 3.50 GBp
Market Cap
Average Volume 10 Days
0.0022 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for SERABI GOLD PLC (SRB)

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serabi gold plc (SRB) Details

Serabi Gold PLC evaluates, explores, and develops gold projects located in the Tapajos region of northern Brazil. It holds a 100% interest in the Palito gold mine located in south of the village of Jardim do Ouro. The company also explores for copper. Serabi Gold plc was founded in 1999 and is headquartered in London, the United Kingdom.

198 Employees
Last Reported Date: 03/31/15
Founded in 1999

serabi gold plc (SRB) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $266.3K
Chief Financial Officer, Finance Director, Co...
Total Annual Compensation: $241.2K
General Manager of Brazil
Total Annual Compensation: $224.8K
Compensation as of Fiscal Year 2014.

serabi gold plc (SRB) Key Developments

Serabi Gold plc Announces Operating Results for the Second Quarter and Six Months Ended June 30, 2015

Serabi Gold plc announced operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company mined ore of 31,488 tonnes. Milled ore was 33,279 tonnes. Gold production was 8,237 ounces. For the six months, the company mined ore of 57,300 tonnes. Milled ore was 64,691 tonnes. Gold production was 15,626 ounces.

Serabi Gold plc Announces Production Results for the Second Quarter and Year to Date of 2015; Provides Production Guidance for the Year 2015

Serabi Gold plc announced production results for the second quarter and year to date of 2015. For the quarter, the company reported total production of 8,237 ounces of gold. During the quarter, gold production was derived from the processing of run of mine (‘ROM’) ore from the Palito Mine, combined with the Palito surface coarse ore stockpiles, the stockpiled flotation tailings established during Palito mine production in 2014 and the beginning of processing of Sao Chico ROM ore. With a total stockpile of over 45,000 tonnes of flotation tails recovered from 2014 plant production, the Company will continue processing of this material when possible. However, with excellent levels of Palito and Sao Chico ROM feed available, combined with the surface coarse ore stockpiles, available plant capacity for processing of the flotation tailings is limited. Total ore milled are 33,279 tonnes and total ore mined are 31,488 tonnes. For the year to date, the company reported total production of 15,626 ounces of gold. Total ore milled are 64,691 tonnes and total ore mined are 57,300 tonnes. The company provided production guidance for the year 2015. The company expects to produce 28,000 - 29,000 ounc es of gold during 2015 from the processing of Palito ROM and the Palito stockpiles.With the Sao Chico Mine now under development, the Company also anticipates production of 6,000 - 7,000 ounces of gold from ore mined at Sao Chico, and as a result remains confident of achieving its production forecast of 35,000 ounces of gold for the year.

Serabi Gold plc Reports Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for 2015

Serabi Gold plc reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company reported revenue of $7,484,215. Profit before and after tax was $191,398 or 0.024 cents per diluted share compared with loss of $1,257,621 or 0.241 cents per diluted share for the same period last year. Operating profit was $500,062 compared with operating loss of $1,067,549 for the same period last year. Net cash inflow from operations was $630,502 compared with net cash outflow from operations $3,682,552 for the same period last year. Purchase of property, plant and equipment and projects in construction was $1,739,544 compared with $1,633,902 for the same period last year. Gold production for the quarter totaled 7,759 ounces, with March production of 3,005 ounces, the higher monthly production level to date with steady production now reached. Mine production for the quarter totaled 25,812 tonnes of ore averaging 10.90 g/t gold, containing 9,040 ounces. Current forecast for gold production in 2015 remains at approximately 35,000 ounces.


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