Insider Selling: Cabral Gold (CVE:CBR) Director Sells 180,000 Shares

Cabral Gold Inc. (CVE:CBR) Director Alan Carter sold 180,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of C$1.01, for a total value of C$181,800.00. Following the transaction, the director directly owned 13,137,408 shares of the company’s stock, valued at C$13,268,782.08. This trade represents a 1.35% decrease in their ownership of the stock.

Alan Carter also recently made the following trade(s):

• On Monday, June 29th, Alan Carter sold 300,000 shares of Cabral Gold stock. The shares were sold at an average price of C$0.91, for a total value of C$273,000.00.

Cabral Gold Stock Performance

CBR traded down C$0.01 during trading on Friday, reaching C$1.09. 332,704 shares of the company were exchanged, compared to its average volume of 428,545. The stock has a market cap of C$332.90 million, a P/E ratio of -21.80 and a beta of 2.72. The firm has a 50 day moving average of C$0.95 and a 200 day moving average of C$0.88. The company has a current ratio of 4.82, a quick ratio of 0.36 and a debt-to-equity ratio of 0.18. Cabral Gold Inc. has a 52 week low of C$0.28 and a 52 week high of C$1.29.

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.