Cabral Gold Inc. (CVE:CBR – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$1.41 and last traded at C$1.40, with a volume of 166348 shares. The stock had previously closed at C$1.33.
Cabral Gold Stock Performance
The firm has a 50 day moving average of C$1.07 and a two-hundred day moving average of C$0.96. The stock has a market cap of C$418.42 million, a P/E ratio of -27.40 and a beta of 2.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.36 and a current ratio of 4.82.
Insider Buying and Selling at Cabral Gold
In other news, Director Alan Carter sold 180,000 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of C$1.01, for a total value of C$181,800.00. Following the sale, the director owned 13,137,408 shares in the company, valued at approximately C$13,268,782.08. This trade represents a 1.35% decrease in their ownership of the stock. Corporate insiders own 6.87% of the company’s stock.
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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