Cabral Gold (CVE:CBR) Trading Down 12.7% – Here’s Why

Cabral Gold Inc. (CVE:CBRGet Free Report)’s stock price fell 12.7% during trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. 512,642 shares traded hands during mid-day trading, an increase of 250% from the average session volume of 146,476 shares. The stock had previously closed at C$0.28.

Cabral Gold Trading Down 2.2 %

The stock has a 50 day moving average of C$0.31 and a 200 day moving average of C$0.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.82 and a quick ratio of 0.36. The firm has a market cap of C$45.90 million, a P/E ratio of 28.50 and a beta of 2.52.

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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