Serabi Gold (GB:SRB) has released an update.
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Serabi Gold reports a robust financial performance for Q1 2024, with EBITDA doubling to $4.7 million and gold production increasing to 9,007 ounces. Despite a steady cash position due to investments in development, the company anticipates reduced long-term costs and increased mining rates. Key advancements include the delivery of the ore sorter for Coringa and the anticipation of enhanced gold production by Q4 2024.
For further insights into GB:SRB stock, check out TipRanks’ Stock Analysis page.
