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Cabral Gold (CVE:CBR) Reaches New 1-Year High - Still a Buy?

Cabral Gold logo with Basic Materials background

Shares of Cabral Gold Inc. (CVE:CBR - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.37 and last traded at C$0.38, with a volume of 302599 shares. The stock had previously closed at C$0.35.

Cabral Gold Price Performance

The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18. The firm has a market cap of C$77.53 million, a PE ratio of 28.50 and a beta of 2.52. The stock has a 50 day simple moving average of C$0.32 and a 200-day simple moving average of C$0.27.

Cabral Gold Company Profile

(Get Free Report)

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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