Cabral Gold (CVE:CBR) Trading Up 8.3% – Here’s What Happened

Cabral Gold Inc. (CVE:CBRGet Free Report)’s share price traded up 8.3% on Monday . The stock traded as high as C$0.28 and last traded at C$0.26. 129,793 shares were traded during mid-day trading, an increase of 28% from the average session volume of 101,119 shares. The stock had previously closed at C$0.24.

Cabral Gold Price Performance

The company has a quick ratio of 0.36, a current ratio of 4.82 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of C$0.23 and a two-hundred day moving average of C$0.28. The firm has a market cap of C$53.05 million, a P/E 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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