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Serabi Gold ( (GB:SRB) ) has provided an update.
Serabi Gold plc announced a significant change in its shareholder structure as Fratelli Investments Limited has reduced its stake in the company from 25.51% to 9.99%. This reduction follows a legally binding agreement to sell 11,752,903 ordinary shares, with completion expected by May 2, 2025. The transaction reflects a strategic shift in the company’s shareholder base, potentially impacting its market dynamics and investor relations.
More about Serabi Gold
Serabi Gold plc is a company operating in the gold mining industry, primarily focused on the exploration and production of gold. The company is engaged in mining activities in Brazil, where it operates and develops gold mining projects.
YTD Price Performance: 40.74%
Average Trading Volume: 748,072
Technical Sentiment Signal: Sell
Current Market Cap: £131.8M
See more insights into SRB stock on TipRanks’ Stock Analysis page.