Shares of Cabral Gold Inc. (CVE:CBR – Get Free Report) shot up 2% during mid-day trading on Tuesday . The stock traded as high as C$1.00 and last traded at C$1.00. 196,748 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 441,852 shares. The stock had previously closed at C$0.98.
Cabral Gold Trading Up 2.0%
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 company has a market capitalization of C$301.57 million, a price-to-earnings ratio of -20.00 and a beta of 2.74. The company has a fifty day moving average of C$0.93 and a 200-day moving average of C$0.85.
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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