Cabral Gold (CVE:CBR) Shares Down 10.5% – Time to Sell?

Shares of Cabral Gold Inc. (CVE:CBRGet Free Report) traded down 10.5% during trading on Monday . The stock traded as low as C$0.34 and last traded at C$0.34. 651,347 shares traded hands during mid-day trading, an increase of 370% from the average session volume of 138,678 shares. The stock had previously closed at C$0.38.

Cabral Gold Price Performance

The company has a fifty day moving average of C$0.32 and a 200 day moving average of C$0.27. The firm has a market capitalization of C$65.29 million, a P/E ratio of 28.50 and a beta of 2.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.82 and a quick ratio of 0.36.

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.

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