Cabral Gold (CVE:CBR) Director Sells 300,000 Shares

Cabral Gold Inc. (CVE:CBRGet Free Report) Director Alan Carter sold 300,000 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of C$0.91, for a total value of C$273,000.00. Following the completion of the sale, the director directly owned 13,137,408 shares in the company, valued at approximately C$11,955,041.28. This represents a 2.23% decrease in their ownership of the stock.

Cabral Gold Stock Up 2.0%

Shares of CBR traded up C$0.02 during trading hours on Friday, hitting C$1.02. The company had a trading volume of 318,528 shares, compared to its average volume of 428,816. The firm has a fifty day moving average price of C$0.93 and a 200-day moving average price of C$0.87. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.36 and a current ratio of 4.82. The stock has a market capitalization of C$307.60 million, a price-to-earnings ratio of -20.40 and a beta of 2.74. Cabral Gold Inc. has a 52-week low of C$0.28 and a 52-week high of C$1.29.

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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