Cabral Gold (CVE:CBR) Trading 2.2% Higher – What’s Next?

Cabral Gold Inc. (CVE:CBRGet Free Report)’s share price was up 2.2% on Tuesday . The company traded as high as C$0.97 and last traded at C$0.94. Approximately 1,324,297 shares traded hands during trading, an increase of 163% from the average daily volume of 504,039 shares. The stock had previously closed at C$0.92.

Cabral Gold Stock Up 2.2%

The firm has a market cap of C$283.33 million, a P/E ratio of -18.80 and a beta of 2.88. The business’s fifty day moving average price is C$0.89 and its two-hundred day moving average price is C$0.73. The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18.

About Cabral Gold

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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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