Cabral Gold (CVE:CBR) Shares Down 2.8% – Should You Sell?

Cabral Gold Inc. (CVE:CBRGet Free Report) shares were down 2.8% during mid-day trading on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.35. Approximately 168,031 shares traded hands during trading, an increase of 24% from the average daily volume of 135,751 shares. The stock had previously closed at C$0.36.

Cabral Gold Trading Down 2.8 %

The company’s fifty day simple moving average is C$0.32 and its 200-day simple moving average is C$0.27. The firm has a market capitalization of C$70.39 million, a PE ratio of 28.50 and a beta of 2.52. 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

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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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