Cabral Gold (CVE:CBR) Sets New 52-Week High – Here’s Why

Cabral Gold Inc. (CVE:CBRGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.78 and last traded at C$0.75, with a volume of 468474 shares trading hands. The stock had previously closed at C$0.76.

Cabral Gold Price Performance

The firm’s 50 day simple moving average is C$0.53 and its 200 day simple moving average is C$0.44. The company has a market cap of C$209.31 million, a price-to-earnings ratio of -15.20 and a beta of 2.00. The company has a quick ratio of 0.36, a current ratio of 4.82 and a debt-to-equity ratio of 0.18.

About Cabral Gold

(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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