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An announcement from Serabi Gold ( (GB:SRB) ) is now available.
Serabi Gold has reported a fatal accident at its Coringa underground mine in northern Brazil, where one employee died following an incident at a production face on 25 January 2026; no other workers were injured. The company has notified Brazilian authorities, is cooperating with ongoing investigations and has temporarily halted production only in the affected area, with mining elsewhere continuing as normal and output from the incident zone expected to resume within days, underscoring both the operational and reputational importance of safety management for the company and its stakeholders. Serabi’s management has expressed condolences to the deceased worker’s family, is providing support and counselling to staff, and has emphasized that its immediate priority is the safety and wellbeing of employees, a key concern for regulators, investors and communities around the Coringa development.
The most recent analyst rating on (GB:SRB) stock is a Buy with a £424.00 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 mainly by strong financial performance (high margins, earnings rebound, and very low leverage), supported by bullish technical trend signals. Valuation also contributes positively due to a low P/E, while the key risk factor is less consistent free cash flow and historical cyclicality.
To see Spark’s full report on GB:SRB stock, click here.
More about Serabi Gold
Serabi Gold plc is a gold exploration, development and production company focused on Brazil’s Tapajós region in Pará State, where it operates the Palito Complex and is developing the Coringa mine. The company, which has historically produced 30,000 to 40,000 ounces of gold per year and aims to increase output with Coringa, has also reported a recent copper-gold porphyry discovery on its extensive exploration licences, and is headquartered in the UK with a secondary office in Toronto, Canada.
Average Trading Volume: 352,316
Technical Sentiment Signal: Buy
Current Market Cap: £271.9M
Find detailed analytics on SRB stock on TipRanks’ Stock Analysis page.