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Satisfying March quarter for Serabi

Serabi Gold (AIM:SRB) has emerged from the March quarter with a stronger balance sheet than a year ago, although gold production was marginally lower.

Satisfying March quarter for Serabi Satisfying March quarter for Serabi Satisfying March quarter for Serabi Satisfying March quarter for Serabi Satisfying March quarter for Serabi

Serabi's main focus at the moment is completing the first stage permitting for the Coringa gold project

The company reported a profit after tax of US$10,786, which was up from a loss of $114,043 a year ago.

Basic earnings per share were 0.15c, compared with a loss of 0.