Cabral Gold (CVE:CBR) Shares Down 1.4% – Here’s What Happened

Cabral Gold Inc. (CVE:CBR)’s stock price fell 1.4% during mid-day trading on Thursday . The company traded as low as C$0.36 and last traded at C$0.37. 192,249 shares changed hands during trading, an increase of 19% from the average session volume of 161,231 shares. The stock had previously closed at C$0.37.

Cabral Gold Trading Down 1.4 %

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 stock has a market capitalization of C$74.47 million, a P/E ratio of 28.50 and a beta of 2.52. The firm’s 50-day simple moving average is C$0.28 and its 200 day simple moving average is C$0.28.

Cabral Gold Company Profile

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.