Cabral Gold (CVE:CBR) Stock Price Up 2%

Shares of Cabral Gold Inc. (CVE:CBR) rose 2% during trading on Monday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 47,276 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 129,999 shares. The stock had previously closed at C$0.25.

Cabral Gold Trading Up 2.0 %

The company’s 50 day simple moving average is C$0.24 and its 200 day simple moving average is C$0.20. The firm has a market cap of C$50.59 million, a price-to-earnings ratio of 25.00 and a beta of 2.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 7.14 and a quick ratio of 0.36.

Insiders Place Their Bets

In other Cabral Gold news, insider Phoenix Gold Fund Limited sold 203,000 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of C$0.33, for a total value of C$67,436.60. Insiders sold a total of 343,500 shares of company stock worth $113,031 over the last 90 days. Corporate insiders own 7.25% 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.