Cabral Gold (CVE:CBR) Shares Down 4.1% – Time to Sell?

Shares of Cabral Gold Inc. (CVE:CBRGet Free Report) were down 4.1% on Monday . The company traded as low as C$0.22 and last traded at C$0.24. Approximately 165,976 shares were traded during trading, an increase of 14% from the average daily volume of 145,491 shares. The stock had previously closed at C$0.25.

Cabral Gold Stock Down 4.1 %

The stock has a market capitalization of C$47.94 million, a PE ratio of 28.50 and a beta of 2.52. 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 company’s 50-day moving average is C$0.30 and its 200 day moving average is C$0.29.

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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