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Serabi Gold ( (GB:SRB) ) has provided an announcement.
Serabi Gold is increasing processing capacity at its Palito Complex by installing a fourth ball mill, lifting throughput to 330,000 tonnes per year and addressing plant bottlenecks that have limited its two-mines-one-plant strategy. The move, funded from cash flow, supports 2026 production guidance of 53,000–57,000 ounces and underpins a reassessment of the previously suspended São Chico mine, which has become economically attractive again amid record gold prices.
At Coringa, the company is shifting from selective to longhole and sublevel open stoping, leveraging favourable vein geometry and proven ore sorting to boost output, cut costs and improve safety while progressing key environmental and land-use approvals needed for a full mining licence. Serabi has completed a 38,400-metre 2025 brownfield drilling programme at Palito and Coringa, reporting multiple high-grade intercepts, and has launched a US$9 million 2026 brownfield campaign aimed at growing group mineral inventory beyond 1.5 million ounces and updating mineral resources in early 2026.
The most recent analyst rating on (GB:SRB) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.
Spark’s Take on GB:SRB Stock
According to Spark, TipRanks’ AI Analyst, GB:SRB is a Outperform.
The score is driven by strong financial performance (high margins, improving earnings power, and very low leverage) and supportive valuation (low P/E). These positives are moderated by weaker technicals, with the stock trading below key short-term moving averages and muted momentum indicators.
To see Spark’s full report on GB:SRB stock, click here.
More about Serabi Gold
Serabi Gold is a Brazil-focused gold mining and development company operating the Palito Complex and Coringa mines, with a strategy of pre-concentrating ore at Coringa and trucking it to the Palito plant for processing. The group targets underground, high-grade gold deposits and is expanding processing capacity to support production growth and potential mine restarts within its existing brownfield portfolio.
Average Trading Volume: 450,977
Technical Sentiment Signal: Buy
Current Market Cap: £258.3M
Find detailed analytics on SRB stock on TipRanks’ Stock Analysis page.