Serabi Gold (SRB) AI Stock Analysis

• Market Cap: £181.76M
• Dividend Yield: N/A
• Average Volume (3M): 505.79K
• Price to Earnings (P/E): 6.3
• Beta (1Y): -0.22
• Revenue Growth: 46.55%
• EPS Growth: 237.48%
• Country: UK
• Employees: 859
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.10
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: 260.00p ▲(6.12% Upside)

Serabi Gold's strong financial performance and undervaluation are significant positives, indicating potential for growth. However, mixed technical indicators suggest caution in the short term. The absence of earnings call data and corporate events limits additional insights.

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 extraction and sale of gold. The company produces gold from its operating mines, with sales made to various customers in the precious metals market, which includes both direct sales and contracts with gold trading firms. Key revenue streams include the sale of gold doré bars, which are semi-purified gold bars that contain a mix of gold and other metals. Additionally, Serabi Gold benefits from fluctuations in gold prices, which can significantly impact revenue. The company also engages in exploration activities to identify and develop additional gold resources, potentially leading to increased production in the future. Strategic partnerships and agreements with local and international stakeholders may also contribute to Serabi's operational efficiencies and revenue growth.

Serabi Gold Financial Statement Overview

Summary

Serabi Gold demonstrates strong financial performance with significant revenue growth, improved profitability, and robust operational management. The balance sheet is stable with low leverage, though increasing liabilities require monitoring. Positive cash flow trends support future growth investments, indicating robust financial health.

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	114.40M	94.54M	63.71M	58.71M	63.14M	55.83M
Gross Profit	53.13M	39.55M	14.05M	7.87M	19.33M	16.54M
EBITDA	51.69M	37.22M	15.15M	9.21M	19.48M	15.23M
Net Income	37.53M	27.82M	6.58M	-983.05K	9.95M	7.03M
Balance Sheet
Total Assets	160.90M	124.90M	115.25M	100.24M	90.68M	76.24M
Cash, Cash Equivalents and Short-Term Investments	30.43M	22.18M	11.55M	7.20M	12.22M	6.60M
Total Debt	0.00	5.95M	6.55M	6.95M	735.01K	9.08M
Total Liabilities	25.76M	20.72M	22.45M	18.71M	10.79M	18.49M
Stockholders Equity	135.14M	104.18M	92.79M	81.52M	79.89M	57.75M
Cash Flow
Free Cash Flow	18.16M	11.93M	4.72M	-9.31M	-3.30M	4.67M
Operating Cash Flow	43.19M	30.88M	12.09M	1.96M	14.80M	14.56M
Investing Cash Flow	-24.24M	-18.39M	-6.74M	-10.96M	-23.21M	-15.76M
Financing Cash Flow	-780.94K	-885.34K	-1.27M	3.89M	14.24M	-5.38M

Serabi Gold Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 245.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SRB, the sentiment is Neutral. The current price of 245 is below the 20-day moving average (MA) of 251.40, below the 50-day MA of 247.32, and above the 200-day MA of 184.75, indicating a neutral trend. The MACD of -2.59 indicates Positive momentum. The RSI at 48.81 is Neutral, neither overbought nor oversold. The STOCH value of 84.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:SRB.

Serabi Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALTN	78 Outperform	£233.97M	6.71	50.11%	―	61.98%	164.33%
SRB	70 Outperform	£181.76M	6.27	33.52%	―	46.55%	237.48%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MTL	60 Neutral	£377.72M	―	-7.90%	―	26.71%	-119.70%
AAZ	45 Neutral	£231.54M	-33.98	-11.68%	―	129.53%	70.68%

Serabi Gold Corporate Events

Serabi Gold Achieves Record Quarterly Production in Q3 2025

Serabi Gold reported a record quarterly gold production of 12,090 ounces in Q3 2025, marking a 27% increase from the previous year. The company is on track to meet its annual production guidance and has seen significant improvements in gold grades and operational performance, particularly at the Palito Complex and Coringa. The successful implementation of an ore sorter at Coringa has enhanced production efficiency, allowing the processing of low-grade stockpiles. Additionally, the company’s ongoing brownfield exploration program has led to the discovery of new ore zones, contributing to its growth strategy. The financial position has strengthened with an increased cash balance, benefiting from high gold prices and improved operational results.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.

Serabi Gold Files Updated Technical Report for Palito Complex

Serabi Gold has filed a detailed NI 43-101 Technical Report for its Palito Complex in Brazil, updating its mineral resource and reserve estimates. This report, prepared by NCL Ingeniería y Construcción SpA, supports the company’s scientific and technical disclosures and is available on SEDAR+ and the company’s website. This filing marks a significant step in Serabi Gold’s efforts to enhance its operational transparency and potentially bolster its market position, as it plans to increase production in the coming years.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.

Serabi Gold Announces Change in Major Shareholder’s Voting Rights

Serabi Gold plc announced a change in the holdings of Fratelli Investments Limited, which has reduced its voting rights from 6.91% to 5.91%. This adjustment in shareholding could impact the company’s governance dynamics and influence over corporate decisions, potentially affecting stakeholders’ interests.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.

Serabi Gold Announces Significant Discoveries in 2025 Drilling Campaign

Serabi Gold has provided an update on its 2025 brownfield drilling campaigns at the Palito Complex and Coringa Mine, as part of its strategy to increase its annual gold production to over 100,000 ounces. The company has discovered a new orebody at Coringa’s Serra South zone and made significant extensions to existing orebodies at both Coringa and Palito. The drilling program aims to expand the company’s mineral inventory from approximately 1 million ounces to over 1.5 million ounces by the end of 2025, with plans to update the Mineral Resource Estimate in early 2026. These developments are expected to enhance Serabi’s resource growth and long-term value for shareholders.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.

Serabi Gold Announces Change in Major Shareholder Holdings

Serabi Gold plc announced a change in its major holdings, with Fratelli Investments Limited reducing its voting rights from 7.9995% to 6.91%. This adjustment in ownership stakes reflects a significant shift in the company’s shareholder structure, potentially impacting its strategic decisions and stakeholder interests.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.

Serabi Gold’s Robust Financial Performance in H1 2025

Serabi Gold reported strong financial performance for the first half of 2025, with a 14% increase in gold production compared to the same period in 2024, totaling 20,545 ounces. The company achieved an EBITDA of $26.3 million, more than double the previous year’s figure, driven by higher gold prices and improved operational efficiency. The cash balance rose significantly to $30.4 million, reflecting robust cash generation and disciplined capital deployment. With ongoing exploration and a 30,000-meter drill program, Serabi is positioning itself for future growth. Despite increased mine development expenditure and inflationary pressures, the company maintained strong margins, supported by high gold prices and a solid production profile.

The most recent analyst rating on (GB:SRB) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on Serabi Gold stock, see the GB:SRB Stock Forecast page.

Serabi Gold Updates Mineral Reserves and Resources, Extends Reserve Life

Serabi Gold has announced updated Mineral Reserve and Resource estimates for its Palito Mine, showing a slight increase in Measured and Indicated Resources and a notable increase in Inferred Resources. The company maintains a strong reserve life of over six years at current production levels, excluding potential future resource conversions. This update, which does not yet include results from a recent $9 million exploration drill program, demonstrates Serabi’s consistent ability to replenish resources, positioning it well within the narrow vein mining sector.