Cabral Gold (CVE:CBR) Stock Price Down 2.8% – Here’s Why

Cabral Gold Inc. (CVE:CBRGet Free Report) shares fell 2.8% during mid-day trading on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.35. 168,031 shares were traded during trading, an increase of 24% from the average session volume of 135,751 shares. The stock had previously closed at C$0.36.

Cabral Gold Stock Up 3.0 %

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 firm has a 50-day moving average of C$0.32 and a 200 day moving average of C$0.27. The stock has a market capitalization of C$70.39 million, a price-to-earnings ratio of 28.50 and a beta of 2.52.

About Cabral Gold

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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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