Serabi Gold Doubles Profit, Launches First Dividend on Strong 2025 Performance

The latest update is out from Serabi Gold ( (GB:SRB) ).

Serabi Gold reported a sharp improvement in 2025 financial performance, with revenue rising to $155.8 million on higher gold production of 44,169 ounces and a significantly stronger realised gold price. EBITDA more than doubled to $77.9 million, post-tax profit climbed to $53.9 million, and net cash rose to $42.1 million, underpinned by robust operating cash flow despite higher cash costs and all-in sustaining costs.

The company declared its first annual dividend of 5 pence per share, representing about 20% of 2025 free cash flow, and set a 2026 shareholder return policy targeting 20%–30% of free cash flow via dividends or buy-backs. Management highlighted strong liquidity, a debt-free balance sheet and continued ramp-up at the Coringa mine, supporting a production growth target to more than 55,000 ounces per year, while ongoing exploration and ESG initiatives are intended to reinforce long-term growth, risk management and stakeholder returns.

Spark’s Take on SRB Stock

According to Spark, TipRanks’ AI Analyst, 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 SRB stock, click here.

More about Serabi Gold

Serabi Gold is a Brazil-focused gold mining and development company listed in London, Toronto and on OTCQX. It operates the Palito complex and the Coringa mine, producing gold from underground operations and investing in brownfield exploration to expand its resource base and annual production profile.

Average Trading Volume: 464,807

Technical Sentiment Signal: Buy

Current Market Cap: £242.4M

For an in-depth examination of SRB stock, go to TipRanks’ Overview page.