Serabi Gold PLC - Brazil-focused gold mining and development company - Revenue rises to $63.7 million in 2023 from $58.7 million a year earlier. Swings to pretax profit of $8.2 million from a loss of $776,304. Gold production for the full year of 2023 increases to 33,153 ounces from 31,819 ounces.

Looking ahead, notes a ‘robust’ first quarter, with 9,007 ounces of gold production. Outlines production guidance of between 38,000 and 40,000 ounces of gold for the 2024. For 2023 it had reported gold production of 33,153 ounces.

Current stock price: 67.00 pence, closed up 4.7% in London on Monday

12-month change: more than double from 27.50p

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