Serabi Gold (SRB) Posts Higher Q1 Profit on Increased Output, Gold Prices

Serabi Gold PLC (SRB) reported a rise in first-quarter net income on Friday, May 29, 2026, as the Brazil-focused miner benefited from higher production and strong gold prices. Net income advanced to $5.2 million, or 6 cents per share, from $4.1 million, or 5 cents per share, a year earlier. Revenue climbed 15% to $22 million, driven by gold sales of 10,500 ounces at an average realized price of $2,100 per ounce. Production increased 8% year-over-year to 10,200 ounces, the company said. Serabi maintained its full-year production guidance of 42,000 to 45,000 ounces.