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Cabral Gold (CVE:CBR) Shares Up 4.2% - Here's What Happened

Cabral Gold logo with Basic Materials background

Cabral Gold Inc. (CVE:CBR - Get Free Report) rose 4.2% during mid-day trading on Monday . The stock traded as high as C$0.37 and last traded at C$0.37. Approximately 947,311 shares changed hands during mid-day trading, an increase of 334% from the average daily volume of 218,394 shares. The stock had previously closed at C$0.36.

Cabral Gold Stock Up 2.6%

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 company has a market capitalization of C$81.61 million, a P/E ratio of 28.50 and a beta of 2.52. The company has a 50 day moving average of C$0.36 and a 200-day moving average of C$0.29.

Cabral Gold Company Profile

(Get Free Report)

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.

Further Reading

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