Cabral Gold Inc. (CVE:CBR – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$1.34 and last traded at C$1.29, with a volume of 329810 shares. The stock had previously closed at C$1.26.
Cabral Gold Stock Performance
The stock’s 50-day simple moving average is C$1.01 and its 200 day simple moving average is C$0.93. 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 company has a market capitalization of C$393.99 million, a PE ratio of -25.80 and a beta of 2.69.
Insider Activity at Cabral Gold
In related news, Director Alan Carter sold 300,000 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of C$0.91, for a total value of C$273,000.00. Following the transaction, the director owned 13,137,408 shares of the company’s stock, valued at C$11,955,041.28. This represents a 2.23% decrease in their ownership of the stock. Insiders own 6.87% of the company’s stock.
Cabral Gold Company Profile
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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