Cabral Gold (CVE:CBR) Trading Down 1.4% – Here’s Why

Cabral Gold Inc. (CVE:CBR)’s stock price fell 1.4% during mid-day trading on Thursday . The company traded as low as C$0.36 and last traded at C$0.37. 192,249 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 161,231 shares. The stock had previously closed at C$0.37.

Cabral Gold Stock Down 2.7 %

The firm has a market capitalization of C$72.43 million, a price-to-earnings ratio of 28.50 and a beta of 2.52. The firm has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.28. 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

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.