Amidst the general market malaise Serabi’s share price, like that of many others, has suffered in recent weeks (and days!). We initiated on Serabi in February (Serabi Gold - Initiation: Growing on solid foundations) with a buy rating when shares were trading at 168p, they have since fallen around 27% to 123p. Here we reiterate the case for Serabi Gold, our mining conviction pick for 2025.