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Serabi Gold Delivers Record 2025 Output and Boosts Guidance on Coringa Ramp-Up

Story Highlights
  • Serabi Gold delivered record 2025 production of 44,169 ounces, up 18 percent, driven by Coringa.
  • Stronger cash balances and higher 2026 guidance underscore progress on growth, exploration and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Serabi Gold Delivers Record 2025 Output and Boosts Guidance on Coringa Ramp-Up

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Serabi Gold ( (GB:SRB) ) has provided an announcement.

Serabi Gold reported record annual gold production of 44,169 ounces for 2025, an 18% year-on-year increase that met guidance, driven largely by the ramp-up of the Coringa Mine and the successful use of an ore sorter to treat previously stockpiled lower-grade ore. Fourth-quarter output rose 15% to 11,534 ounces, horizontal development advanced 45% to 4,535 metres, and net cash climbed to $42.1 million amid higher gold prices, leaving the balance sheet stronger despite loan refinancing. Management highlighted progress on its multi-phase growth strategy, including mechanised mining at Coringa, development of additional ore zones, and a 30,000-metre brownfield drilling campaign that has already extended mineralised trends at both Coringa and the Palito Complex. For 2026, Serabi is guiding consolidated production of 53,000 to 57,000 ounces and plans a further 30,000 metres of brownfield exploration, positioning the company for potential resource expansion and continued production and cash flow growth, while supporting its recently launched shareholder return policy.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £350.00 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 UK-headquartered gold exploration, development and production company focused on the Tapajós region in Pará State, northern Brazil. Its operations centre on the Palito Complex, which has historically produced 30,000 to 40,000 ounces of gold per year, and the Coringa Mine, which is being ramped up with the aim of roughly doubling group production. The company is also advancing brownfield exploration and has reported a copper-gold porphyry discovery on its wider licence holdings, underpinning a resource growth strategy in the region.

Average Trading Volume: 388,611

Technical Sentiment Signal: Buy

Current Market Cap: £265.1M

For a thorough assessment of SRB stock, go to TipRanks’ Stock Analysis page.

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