Cabral Gold (CVE:CBR) Stock Price Down 11.8% – Time to Sell?

Cabral Gold Inc. (CVE:CBRGet Free Report) dropped 11.8% on Tuesday . The company traded as low as C$0.67 and last traded at C$0.67. Approximately 176,797 shares traded hands during trading, a decline of 27% from the average daily volume of 241,713 shares. The stock had previously closed at C$0.76.

Cabral Gold Price Performance

The firm has a market cap of C$198.30 million, a price-to-earnings ratio of -14.40 and a beta of 2.00. 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 firm’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$0.45.

About Cabral Gold

(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.

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