Serabi Gold Plc (UK) (GB:SRB) has released an update.
Serabi Gold Plc reports a robust financial year for 2023, with significant improvements in revenue, gold production, and EBITDA, leading to a post-tax profit of US$6.58 million compared to the previous year’s loss. The company’s increased gold output and higher gold prices have contributed to the overall positive performance. Looking ahead, Serabi is poised for further growth with anticipated production increases in 2024, backed by continued development at their Coringa project.
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