Cabral Gold (CVE:CBR) Stock Price Down 12.7% – Here’s What Happened

by · The Cerbat Gem

Shares of Cabral Gold Inc. (CVE:CBR – Get Free Report) were down 12.7% during mid-day trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 512,642 shares changed hands during mid-day trading, an increase of 250% from the average daily volume of 146,476 shares. The stock had previously closed at C$0.28.

Cabral Gold Price Performance

The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18. The firm has a market cap of C$48.96 million, a PE ratio of 28.50 and a beta of 2.52. The stock has a 50 day simple moving average of C$0.31 and a 200-day simple moving average of C$0.29.

About Cabral Gold

(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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