Cabral Gold Inc. (CVE:CBR – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.41 and last traded at C$1.40, with a volume of 166348 shares trading hands. The stock had previously closed at C$1.33.
Cabral Gold Trading Up 5.3%
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 firm has a market capitalization of C$427.58 million, a P/E ratio of -28.00 and a beta of 2.69. The business has a 50 day moving average of C$1.05 and a 200-day moving average of C$0.95.
Insider Buying and Selling at Cabral Gold
In other news, Director Alan Carter sold 300,000 shares of the company’s 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 completion of the transaction, the director owned 13,137,408 shares in the company, valued at C$11,955,041.28. This represents a 2.23% decrease in their ownership of the stock. 6.87% of the stock is owned by company insiders.
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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