Cabral Gold (CVE:CBR) Trading Down 2.8% – Here’s What Happened

by · The Cerbat Gem

Shares of Cabral Gold Inc. (CVE:CBR – Get Free Report) were down 2.8% during trading on Tuesday . The company traded as low as C$0.33 and last traded at C$0.35. Approximately 168,031 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 135,751 shares. The stock had previously closed at C$0.36.

Cabral Gold Stock Performance

The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18. The stock’s fifty day simple moving average is C$0.32 and its 200 day simple moving average is C$0.27. The company has a market cap of C$70.39 million, a price-to-earnings ratio of 28.50 and a beta of 2.52.

About Cabral Gold

(Get Free Report)

Cabral Gold Inc operates as a mineral exploration and development company with primary focus on gold properties in Brazil. Its flagship holds 100% interests in the Cuiú Cuiú gold project located in the state of Para in northern Brazil. Cabral Gold Inc was formerly known as San Angelo Oil Limited. The company is based in Vancouver, Canada.

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