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Cabral Gold (CVE:CBR) Stock Price Up 2% - What's Next?

Cabral Gold logo with Basic Materials background
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Cabral Gold Inc. (CVE:CBR - Get Free Report) shares rose 2% during trading on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 8,000 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 139,167 shares. The stock had previously closed at C$0.25.

Cabral Gold Price Performance

The firm has a market cap of C$48.96 million, a PE ratio of 28.50 and a beta of 2.52. 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 stock has a 50-day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.27.

Cabral Gold Company Profile

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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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