Bullboard - Stock Discussion Forum Serabi Gold Ord Shs T.SBI

Alternate Symbol(s): SRBIF

Metals & Mining Gold

Serabi Gold plc is a United Kingdom-based gold mining and development company. The Company is focused on conducting gold mining and exploration in Brazil. It operates the Palito Mining Complex and the Coringa Project, in the Tapajos region of the State of Para. The Palito Mining Complex is formed by approximately 64,707 hectares (ha) of tenements, including 1,150 ha of mining concession. In... see more

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TSX:SBI - Post Discussion

Serabi Gold Ord Shs > Amazing Q2 earnings!

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Post by AlfTanner on Aug 29, 2024 4:42pm

Amazing Q2 earnings!

"Post-tax profit for the six-month period of $9.2 million"
Annualized that is $18.4M.
Market cap is $75M. That puts the P/E at 4.1.
And do not forget the growth from the Coringa mine. Production of 33k ounces in 2023 should grow to 60k ounces in 2026. Absolutely incredible growth for a company with a P/E of 4.1 !!!

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