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

Cabral Gold Inc. (CVE:CBR) Director Alan Carter sold 300,000 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of C$0.91, for a total transaction of C$273,000.00. Following the completion of the sale, the director directly owned 13,137,408 shares in the company, valued at C$11,955,041.28. This trade represents a 2.23% decrease in their ownership of the stock.

Cabral Gold Stock Up 2.0%

Shares of CVE CBR opened at C$1.02 on Friday. Cabral Gold Inc. has a 1 year low of C$0.28 and a 1 year high of C$1.29. The firm has a 50-day simple moving average of C$0.93 and a two-hundred day simple moving average of C$0.87. The company has a market cap of C$307.60 million, a P/E ratio of -20.40 and a beta of 2.74. 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

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.