Alan Carter Sells 300,000 Shares of Cabral Gold (CVE:CBR) Stock

Cabral Gold Inc. (CVE:CBR) Director Alan Carter sold 300,000 shares of Cabral Gold stock in a transaction dated 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 sale, the director owned 13,137,408 shares of the company’s stock, valued at C$11,955,041.28. This trade represents a 2.23% decrease in their position.

Cabral Gold Trading Up 2.0%

CVE CBR opened at C$1.02 on Friday. Cabral Gold Inc. has a 12 month low of C$0.28 and a 12 month high of C$1.29. The company has a 50-day moving average of C$0.93 and a 200-day moving average of C$0.87. 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 has a market cap of C$307.60 million, a P/E ratio of -20.40 and a beta of 2.74.

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.