Cabral Gold (CVE:CBR) Shares Down 7.1% – Should You Sell?

Cabral Gold Inc. (CVE:CBRGet Free Report) traded down 7.1% on Monday . The stock traded as low as C$0.19 and last traded at C$0.20. 51,050 shares were traded during trading, a decline of 64% from the average session volume of 141,723 shares. The stock had previously closed at C$0.21.

Cabral Gold Trading Down 7.1 %

The firm has a fifty day moving average of C$0.27 and a two-hundred day moving average of C$0.29. The company has a market cap of C$39.78 million, a PE ratio of 28.50 and a beta of 2.52. The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18.

About Cabral Gold

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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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