Serabi Gold Plc reports 89% surge in EBITDA of second quarter 2020

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Serabi Gold Plc reports 89% surge in EBITDA of second quarter 2020

Serabi Gold Plc (LON: SRB) released its results for the three- and six-month periods ended 30 June 2020.

  • The company has reported that its Cash Cost for the year to date stood at US$961 per ounce.
  • EBITDA for the second quarter of 2020 improved by 89 per cent to US$6.2 million as compared to US$3.3 million in Q2 2019.
  • Post-tax profit for the year to date was recorded at US$4.2 million as compared to US$1.7 million for 2019 YTD, an improvement of 142 per cent.

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