Cabral Gold (CVE:CBR) Trading Up 1.2% - What's Next?

Key Points

• Cabral Gold Inc. shares increased by 1.2% on Wednesday, trading at C$0.42 after reaching as high as C$0.43.
• The company's market cap stands at C$85.69 million, with a P/E ratio of 28.50 and a debt-to-equity ratio of 0.18.
• Insider activity includes Director Alan Carter selling 572,000 shares at an average price of C$0.36, totaling C$205,920.

Cabral Gold Inc. (CVE:CBR - ) shares traded up 1.2% on Wednesday . The company traded as high as C$0.43 and last traded at C$0.42. 198,069 shares were traded during trading, a decline of 4% from the average session volume of 206,414 shares. The stock had previously closed at C$0.42.

Cabral Gold Trading Up 1.2%

The company has a quick ratio of 0.36, a current ratio of 4.82 and a debt-to-equity ratio of 0.18. The company has a market cap of C$85.69 million, a P/E ratio of 28.50 and a beta of 2.52. The firm's 50 day moving average is C$0.38 and its two-hundred day moving average is C$0.36.

Insider Activity at Cabral Gold

In other news, Director Alan Carter sold 572,000 shares of the stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of C$0.36, for a total value of C$205,920.00. Company insiders own 6.87% of the company's stock.

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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