Cabral Gold (CVE:CBR) Sets New 12-Month High – Here’s What Happened

Shares of Cabral Gold Inc. (CVE:CBRGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.10 and last traded at C$1.09, with a volume of 310608 shares traded. The stock had previously closed at C$1.04.

Cabral Gold Stock Performance

The company has a market capitalization of C$333.23 million, a P/E ratio of -24.00 and a beta of 3.38. The business has a 50 day moving average of C$0.79 and a 200 day moving average of C$0.64. The company has a quick ratio of 0.36, a current ratio of 4.82 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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