Cabral Gold (CVE:CBR) Stock Price Up 3.9% – Here’s What Happened

Cabral Gold Inc. (CVE:CBRGet Free Report)’s share price was up 3.9% during mid-day trading on Monday . The stock traded as high as C$0.81 and last traded at C$0.80. Approximately 288,695 shares traded hands during trading, an increase of 1% from the average daily volume of 287,007 shares. The stock had previously closed at C$0.77.

Cabral Gold Stock Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.36 and a current ratio of 4.82. The firm has a market cap of C$222.15 million, a P/E ratio of -16.00 and a beta of 3.32. The company’s 50 day moving average is C$0.74 and its 200 day moving average is C$0.60.

About Cabral Gold

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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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