Insider Selling: Cabral Gold (CVE:CBR) Director Sells C$273,000.00 in Stock

Cabral Gold Inc. (CVE:CBR) Director Alan Carter sold 300,000 shares of the business’s 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 transaction, the director owned 13,137,408 shares of the company’s stock, valued at C$11,955,041.28. This represents a 2.23% decrease in their position.

Cabral Gold Stock Performance

Shares of CVE:CBR traded up C$0.02 during midday trading on Friday, reaching C$1.02. 318,528 shares of the company’s stock traded hands, compared to its average volume of 428,816. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.36 and a current ratio of 4.82. Cabral Gold Inc. has a one year low of C$0.28 and a one year high of C$1.29. The company has a market cap of C$307.60 million, a price-to-earnings ratio of -20.40 and a beta of 2.74. The stock has a 50 day moving average of C$0.93 and a 200 day moving average of C$0.87.

About Cabral Gold

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.