Cabral Gold (CVE:CBR) Hits New 52-Week High – What’s Next?

Cabral Gold Inc. (CVE:CBRGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.87 and last traded at C$0.85, with a volume of 209212 shares trading hands. The stock had previously closed at C$0.82.

Cabral Gold Stock Performance

The stock has a market capitalization of C$252.70 million, a PE ratio of -18.20 and a beta of 3.32. The firm’s fifty day moving average is C$0.74 and its 200-day moving average is C$0.60. 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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