Cabral Gold (CVE:CBR) Hits New 52-Week High - Still a Buy?

Key Points

• Cabral Gold Inc.'s stock has reached a new 52-week high, trading at C$0.48 with a total volume of 394,474 shares.
• The company has a market cap of C$129.44 million, a negative P/E ratio of -9.40, and a debt-to-equity ratio of 0.18.
• Cabral Gold focuses on gold exploration and development, primarily in Brazil, specifically through its flagship project, the Cuiú Cuiú gold project.

Cabral Gold Inc. (CVE:CBR - )'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.48 and last traded at C$0.48, with a volume of 394474 shares changing hands. The stock had previously closed at C$0.46.

Cabral Gold Trading Up 3.3%

The business's fifty day simple moving average is C$0.42 and its 200 day simple moving average is C$0.39. 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 stock has a market cap of C$129.44 million, a P/E ratio of -9.40 and a beta of 1.73.

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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