Shares of Cabral Gold Inc. (CVE:CBR – Get Free Report) were up 8.3% during trading on Monday . The company traded as high as C$0.28 and last traded at C$0.26. Approximately 129,793 shares changed hands during trading, an increase of 28% from the average daily volume of 101,119 shares. The stock had previously closed at C$0.24.
Cabral Gold Trading Down 3.8 %
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 stock has a market cap of C$52.03 million, a price-to-earnings ratio of 28.50 and a beta of 2.52. The business’s 50 day moving average is C$0.23 and its 200 day moving average is C$0.28.
About Cabral Gold
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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