Cabral Gold Inc. (CVE:CBR – Get Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as C$1.41 and last traded at C$1.40, with a volume of 166348 shares trading hands. The stock had previously closed at C$1.33.
Cabral Gold Stock Up 5.3%
The firm has a market cap of C$427.58 million, a P/E ratio of -28.00 and a beta of 2.69. The firm’s 50 day moving average is C$1.05 and its two-hundred day moving average is C$0.95. The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18.
Insiders Place Their Bets
In other news, Director Alan Carter sold 180,000 shares of Cabral Gold stock in a transaction on Monday, July 6th. The shares were sold at an average price of C$1.01, for a total transaction of C$181,800.00. Following the transaction, the director directly owned 13,137,408 shares of the company’s stock, valued at C$13,268,782.08. This trade represents a 1.35% decrease in their ownership of the stock. Company 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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