Cabral Gold (CVE:CBR) Trading Down 7.1% – Here’s What Happened

Cabral Gold Inc. (CVE:CBRGet Free Report) fell 7.1% during trading on Monday . The company traded as low as C$0.19 and last traded at C$0.20. 51,050 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 141,723 shares. The stock had previously closed at C$0.21.

Cabral Gold Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.36 and a current ratio of 4.82. The stock has a market capitalization of C$40.80 million, a PE ratio of 28.50 and a beta of 2.52. The company’s fifty day simple moving average is C$0.26 and its two-hundred day simple moving average is C$0.29.

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.

Further Reading

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