Serabi Gold (SRB) AI Stock Analysis

• Market Cap: £254.47M
• Dividend Yield: N/A
• Average Volume (3M): 505.79K
• Price to Earnings (P/E): 7.8
• Beta (1Y): -0.01
• Revenue Growth: 44.89%
• EPS Growth: 120.82%
• Country: UK
• Employees: 859
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.16
• Shares Outstanding: 75,734,550
• 10 Day Avg. Volume: 549,131
• 30 Day Avg. Volume: 505,785
• PEG Ratio: 0.01
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 1.08
• P/FCF Ratio: 8.58
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 86 Outperform
• Price Target: 414.00p ▲(31.01% Upside)

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.

Positive Factors

Revenue Growth

Serabi Gold's strong revenue growth indicates successful expansion and increased market demand, supporting long-term business sustainability.

Cash Flow Management

Positive free cash flow signifies improved cash generation, enabling Serabi Gold to invest in growth opportunities and maintain financial flexibility.

Profitability Improvements

Enhanced profitability through improved net profit margins reflects efficient cost management and strong operational performance, bolstering long-term viability.

Negative Factors

Increasing Liabilities

Rising liabilities could strain future financial stability if not managed properly, potentially impacting Serabi Gold's ability to leverage growth opportunities.

High Capital Expenditures

While necessary for growth, high capital expenditures may pressure cash flow and limit flexibility, requiring careful management to avoid financial strain.

Absence of Dividend Yield

Lack of dividend yield might deter income-focused investors, although reinvestment could drive long-term growth, it limits immediate shareholder returns.

Serabi Gold Business Overview & Revenue Model

Company Description

Serabi Gold plc engages in the evaluation, exploration, and development of gold projects in Brazil. The company also explores for copper deposits. Its primary property is the Palito mining complex covering an area of approximately 48,846 hectares located in the Tapajos region of northern Brazil. The company was formerly known as Serabi Mining Limited and changed its name to Serabi Gold plc in October 2011. Serabi Gold plc was founded in 1999 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Serabi Gold generates revenue primarily through the sale of gold produced from its mining operations. The company employs a business model centered around mining, processing, and selling gold, which involves significant investments in exploration, extraction, and refining. Key revenue streams include direct sales of gold bullion and possibly revenue from by-products generated during the mining process. Additionally, strategic partnerships with local suppliers and service providers help optimize operational efficiency and reduce costs. The company's earnings are also influenced by global gold prices, production volumes, and the successful execution of its mining projects.

Serabi Gold Financial Statement Overview

Summary

Serabi Gold exhibits strong financial performance with notable revenue growth and profitability improvements. The balance sheet reflects stability with low leverage, although increasing liabilities should be monitored. Cash flow management shows positive trends, enhancing the company's ability to invest in future growth. Overall, the financial health is robust, positioning Serabi Gold well for continued success in the gold industry.

Income Statement

Serabi Gold has demonstrated strong revenue growth over the years, with a significant increase from 2023 to 2024. The Gross Profit Margin has improved, indicating efficient cost management. The Net Profit Margin also shows a positive trajectory, reflecting enhanced profitability. EBIT and EBITDA margins are robust, highlighting effective operational management and earnings quality. Overall, the income statement reflects solid financial health and growth potential.

Balance Sheet

The company maintains a strong equity base with a healthy Equity Ratio, suggesting financial stability. The Debt-to-Equity Ratio is low, indicating conservative leverage and minimal risk from debt financing. Return on Equity has improved, showing effective utilization of shareholder funds. However, total liabilities have increased, which requires monitoring to maintain balance sheet health.

Cash Flow

Operating Cash Flow has shown consistent improvement, aligning well with net income growth. Free Cash Flow has turned positive, indicating better cash generation capabilities. The Free Cash Flow to Net Income ratio is strong, suggesting efficient conversion of earnings into cash. Although capital expenditures are high, the positive cash flow trends support future growth investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	128.77M	94.54M	63.71M	58.71M	63.14M	55.83M
Gross Profit	62.30M	39.55M	14.05M	7.87M	19.33M	16.54M
EBITDA	61.82M	37.22M	15.15M	9.21M	19.48M	15.23M
Net Income	44.90M	27.82M	6.58M	-983.05K	9.95M	7.03M
Balance Sheet
Total Assets	182.64M	124.90M	115.25M	100.24M	90.68M	76.24M
Cash, Cash Equivalents and Short-Term Investments	38.77M	22.18M	11.55M	7.20M	12.22M	6.60M
Total Debt	6.44M	5.95M	6.55M	6.95M	735.01K	9.08M
Total Liabilities	28.33M	20.72M	22.45M	18.71M	10.79M	18.49M
Stockholders Equity	154.31M	104.18M	92.79M	81.52M	79.89M	57.75M
Cash Flow
Free Cash Flow	17.84M	11.93M	4.72M	-9.31M	-3.30M	4.67M
Operating Cash Flow	46.09M	30.88M	12.09M	1.96M	14.80M	14.56M
Investing Cash Flow	-27.06M	-18.39M	-6.74M	-10.96M	-23.21M	-15.76M
Financing Cash Flow	-624.96K	-885.34K	-1.27M	3.89M	14.24M	-5.38M

Serabi Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 316.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SRB, the sentiment is Positive. The current price of 316 is below the 20-day moving average (MA) of 323.27, above the 50-day MA of 289.85, and above the 200-day MA of 219.94, indicating a bullish trend. The MACD of 16.63 indicates Negative momentum. The RSI at 67.22 is Neutral, neither overbought nor oversold. The STOCH value of 64.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SRB.

Serabi Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRB	86 Outperform	£254.47M	7.77	35.69%	―	44.89%	120.82%
ALTN	78 Outperform	£450.99M	13.16	50.11%	―	61.98%	164.33%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AAZ	56 Neutral	£337.31M	-48.66	-11.68%	―	129.53%	70.68%
AAU	49 Neutral	£37.93M	12.08	5.54%	―	―	―
KEFI	44 Neutral	£141.25M	-45.83	-9.19%	―	―	―

Serabi Gold Corporate Events

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

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.

Serabi Gold Reports Strong Q3 2025 Results with Increased Production and Profit

Serabi Gold has reported strong financial and operational results for the first nine months of 2025, with a 19% increase in gold production compared to the same period in 2024, totaling 32,634 ounces. The company’s EBITDA nearly doubled to $48.2 million, driven by higher gold prices and increased production. The company closed the quarter with a cash balance of $38.8 million, and a net cash inflow from operations of $34.3 million, demonstrating robust cash generation. The average gold price received was $3,244 per ounce, and the All-In Sustaining Cost was $1,816 per ounce. Serabi Gold’s continued focus on operational excellence and exploration aims to increase resources to the 1.5-2.0Moz range, positioning the company for further growth into 2026.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £305.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.