Alan Carter Sells 572,000 Shares of Cabral Gold Inc. (CVE:CBR) Stock

Cabral Gold Inc. (CVE:CBR - Get Free Report) Director Alan Carter sold 572,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of C$0.36, for a total transaction of C$205,920.00.

Cabral Gold Stock Up 4.2%

CBR stock traded up C$0.02 during mid-day trading on Thursday, hitting C$0.38. 100,636 shares of the company were exchanged, compared to its average volume of 217,739. The firm has a market cap of C$76.51 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 quick ratio of 0.36 and a current ratio of 4.82. Cabral Gold Inc. has a 1-year low of C$0.17 and a 1-year high of C$0.48. The firm's 50 day simple moving average is C$0.40 and its 200 day simple moving average is C$0.32.

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.