Serabi Gold (SRB) AI Stock Analysis

• Market Cap: £210.16M
• Dividend Yield: N/A
• Average Volume (3M): 505.79K
• Price to Earnings (P/E): 6.1
• Beta (1Y): 0.05
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 82 Outperform
• Price Target: 313.00p ▲(13.82% Upside)

Serabi Gold's strong financial performance and attractive valuation are the most significant factors driving the high stock score. The company's technical indicators support a positive trend, while recent corporate events underscore its growth potential. The absence of earnings call data does not detract from the overall positive outlook.

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: 275.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 275 is above the 20-day moving average (MA) of 272.10, above the 50-day MA of 261.65, and above the 200-day MA of 202.45, indicating a bullish trend. The MACD of 5.13 indicates Positive momentum. The RSI at 53.32 is Neutral, neither overbought nor oversold. The STOCH value of 52.78 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	82 Outperform	£210.16M	6.09	35.69%	―	44.89%	120.82%
ALTN	77 Outperform	£330.73M	9.68	50.11%	―	61.98%	164.33%
MTL	69 Neutral	£395.29M	-12.86	-7.90%	―	26.71%	-119.70%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AAZ	56 Neutral	£291.57M	-42.79	-11.68%	―	129.53%	70.68%

Serabi Gold Corporate Events

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.

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.

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.