Cabral Gold (CVE:CBR) Stock: Insider Ian Gendall Sells 37,500 Shares

Cabral Gold Inc. (CVE:CBR) Director Ian Gendall sold 37,500 shares of the stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of C$1.33, for a total transaction of C$49,875.00. Following the completion of the sale, the director owned 87,500 shares of the company’s stock, valued at approximately C$116,375. The trade was a 30.00% decrease in their position.

Cabral Gold Stock Performance

CBR opened at C$1.15 on Friday. 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 company’s 50 day simple moving average is C$1.44 and its two-hundred day simple moving average is C$1.14. Cabral Gold Inc. has a 1-year low of C$0.50 and a 1-year high of C$1.68. The firm has a market capitalization of C$399.09 million, a price-to-earnings ratio of -23.00 and a beta of 2.50.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus set a C$1.70 target price on Cabral Gold and gave the stock a “buy” rating in a research note on Wednesday, August 26th. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$1.70.

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.