Cabral Gold (CVE:CBR) Reaches New 1-Year High – Here’s Why

Cabral Gold Inc. (CVE:CBRGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.37 and last traded at C$0.38, with a volume of 302599 shares trading hands. The stock had previously closed at C$0.35.

Cabral Gold Price Performance

The stock has a market cap of C$77.53 million, a price-to-earnings ratio of 28.50 and a beta of 2.52. The company’s 50 day moving average is C$0.32 and its 200 day moving average is C$0.27. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.82 and a quick ratio of 0.36.

Cabral Gold Company Profile

(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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