Cabral Gold Inc. (CVE:CBR – Get Free Report) shares fell 12.7% during mid-day trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. 512,642 shares changed hands during mid-day trading, an increase of 250% from the average session volume of 146,476 shares. The stock had previously closed at C$0.28.
Cabral Gold Stock Down 2.2 %
The company has a fifty day simple moving average of C$0.31 and a 200-day simple moving average of C$0.29. The firm has a market cap of C$45.90 million, a P/E ratio of 28.50 and a beta of 2.52. The company has a quick ratio of 0.36, a current ratio of 4.82 and a debt-to-equity ratio of 0.18.
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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