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Cabral Gold (CVE:CBR) Shares Up 1.8% - Here's What Happened

Cabral Gold logo with Basic Materials background

Cabral Gold Inc. (CVE:CBR - Get Free Report) shares rose 1.8% on Thursday . The stock traded as high as C$0.30 and last traded at C$0.29. Approximately 50,500 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 118,744 shares. The stock had previously closed at C$0.29.

Cabral Gold Stock Up 3.4 %

The firm has a market capitalization of C$61.21 million, a P/E ratio of 28.50 and a beta of 2.52. 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 stock has a 50 day moving average of C$0.24 and a 200-day moving average of C$0.28.

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.

Further Reading

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