Cabral Gold Inc. (CVE:CBR - Get Free Report) shares rose 8.3% on Monday . The stock traded as high as C$0.28 and last traded at C$0.26. Approximately 129,793 shares were traded during trading, an increase of 28% from the average daily volume of 101,119 shares. The stock had previously closed at C$0.24.
Cabral Gold Trading Up 8.3 %
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 firm's 50 day moving average is C$0.23 and its two-hundred day moving average is C$0.28. The stock has a market cap of C$53.05 million, a price-to-earnings ratio of 28.50 and a beta of 2.52.
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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