Cabral Gold (CVE:CBR) Trading Up 1.8% – Here’s Why

Cabral Gold Inc. (CVE:CBRGet Free Report)’s share price traded up 1.8% on Thursday . The company traded as high as C$0.30 and last traded at C$0.29. 50,500 shares traded hands during trading, a decline of 57% from the average session volume of 118,744 shares. The stock had previously closed at C$0.29.

Cabral Gold Stock Up 3.4 %

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 company has a market cap of C$61.21 million, a PE ratio of 28.50 and a beta of 2.52. The company’s fifty day moving average is C$0.24 and its 200-day moving average is C$0.28.

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.

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