Added to YB: 2025-09-08
Pitch date: 2025-09-07
SRB.L [bullish]
Serabi Gold plc
Author Info
No bio for this author
Company Info
Serabi Gold plc engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.
Market Cap
GBP 346.9M
Pitch Price
N/A
Price Target
5.00
Dividend
1.46%
EV/EBITDA
3.93
P/E
6.44
EV/Sales
1.96
Sector
Metals and Mining
Category
value
Fighting gold with gold !
SRB.L: Profitable Brazilian gold miner ramping from 37k oz (2024) to 60k oz (2026) & 100k oz (2028) via Coringa+Palito ore sorters. NTM est: $180M rev, $68M net profit at $3,528/oz gold. Trades 2.75x fwd PE ($213M mkt cap, $25M net cash). Mgmt plans shareholder returns (buyback/div). Fair value $540M (7.5x PE) = 2.3x upside. Risks: ore quality, Coringa permanent license (currently trial until Jan 2027), gold price sensitivity ($5M per $100/oz move).
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