Cabral Gold (CVE:CBR) Hits New 1-Year High - Here's What Happened

Key Points

• Cabral Gold Inc. shares reached a new 52-week high of C$0.61, closing at C$0.60 with a trading volume of 336,099 shares.
• The company operates primarily in mineral exploration and development, focusing on gold properties in Brazil, particularly the Cuiú Cuiú gold project.
• Cabral Gold has a market capitalization of C$154.23 million and a P/E ratio of -11.20, indicating it is currently operating at a loss.

Shares of Cabral Gold Inc. (CVE:CBR - ) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.61 and last traded at C$0.60, with a volume of 336099 shares changing hands. The stock had previously closed at C$0.57.

Cabral Gold Stock Performance

The company has a market cap of C$154.23 million, a P/E ratio of -11.20 and a beta of 1.73. The company's 50-day moving average is C$0.44 and its two-hundred day moving average is C$0.40. The company has a quick ratio of 0.36, a current ratio of 4.82 and a debt-to-equity ratio of 0.18.

Cabral Gold Company Profile

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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