Cabral Gold (CVE:CBR) Trading 2% Higher

Cabral Gold Inc. (CVE:CBR)’s stock price was up 2% on Monday . The company 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 6.0 %

The stock’s 50 day moving average is C$0.24 and its two-hundred day moving average is C$0.20. The company has a market capitalization of C$53.62 million, a PE ratio of 26.50 and a beta of 2.29. The company has a quick ratio of 0.36, a current ratio of 7.14 and a debt-to-equity ratio of 0.18.

Insider Buying and Selling

In other news, insider Phoenix Gold Fund Limited sold 203,000 shares of the firm’s stock in a transaction dated 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 valued at $113,031 over the last three months. 7.25% of the stock is owned by company insiders.

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.