Cabral Gold (CVE:CBR) Sets New 12-Month High – Here’s What Happened

Cabral Gold Inc. (CVE:CBR) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.34 and last traded at C$1.29, with a volume of 329810 shares traded. The stock had previously closed at C$1.26.

Cabral Gold Price Performance

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 business’s fifty day moving average is C$1.02 and its 200 day moving average is C$0.94. The firm has a market capitalization of C$400.09 million, a P/E ratio of -26.20 and a beta of 2.69.

Insider Transactions at Cabral Gold

In other Cabral Gold news, Director Alan Carter sold 300,000 shares of Cabral Gold stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of C$0.91, for a total value of C$273,000.00. Following the transaction, the director owned 13,137,408 shares in the company, valued at approximately C$11,955,041.28. The trade was a 2.23% decrease in their ownership of the stock. Company insiders own 6.87% of the company’s stock.

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.