Cabral Gold (CVE:CBR) Stock Price Up 10.2%

Cabral Gold Inc. (CVE:CBR – Get Rating) traded up 10.2% on Tuesday . The stock traded as high as C$0.27 and last traded at C$0.27. 84,671 shares traded hands during trading, a decline of 11% from the average session volume of 94,811 shares. The stock had previously closed at C$0.25.

The company has a fifty day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.39. The company has a market capitalization of C$38.25 million and a P/E ratio of -2.63.

Cabral Gold Company Profile (CVE:CBR)

Cabral Gold Inc, a junior resource company, engages in the identification, exploration, and development of mineral properties with a primary focus on gold properties located in Brazil. It principally holds 100% interests in the Cuiú Cuiú gold project covering an area of 41,576.08 hectares located in the Tapajos Region within the state of Para in northern Brazil.

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