Cabral Gold (CVE:CBR) Trading Down 7.1% – Time to Sell?

by · The Cerbat Gem

Cabral Gold Inc. (CVE:CBR – Get Free Report)’s stock price dropped 7.1% during mid-day trading on Monday . The company traded as low as C$0.19 and last traded at C$0.20. Approximately 51,050 shares were traded during trading, a decline of 64% from the average daily volume of 141,723 shares. The stock had previously closed at C$0.21.

Cabral Gold Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 4.82 and a quick ratio of 0.36. The business has a 50 day moving average price of C$0.27 and a two-hundred day moving average price of C$0.29. The stock has a market cap of C$39.78 million, a PE ratio of 28.50 and a beta of 2.52.

Cabral Gold Company Profile

(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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