Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys 18,800 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) Director Rostislav Christov Raykov acquired 18,800 shares of the business's stock in a transaction dated Tuesday, April 30th. The stock was purchased at an average price of C$1.40 per share, with a total value of C$26,320.00.

Rostislav Christov Raykov also recently made the following trade(s):

• On Tuesday, April 16th, Rostislav Christov Raykov purchased 50,000 shares of Lavras Gold stock. The stock was bought at an average price of C$1.52 per share, with a total value of C$76,000.00.
• On Tuesday, April 9th, Rostislav Christov Raykov acquired 200,000 shares of Lavras Gold stock. The stock was bought at an average cost of C$1.61 per share, for a total transaction of C$322,000.00.
• On Tuesday, February 20th, Rostislav Christov Raykov bought 94,900 shares of Lavras Gold stock. The stock was acquired at an average cost of C$1.00 per share, for a total transaction of C$94,900.00.
• On Friday, February 16th, Rostislav Christov Raykov acquired 95,500 shares of Lavras Gold stock. The shares were purchased at an average cost of C$1.00 per share, for a total transaction of C$95,500.00.

Lavras Gold Price Performance

LGC stock traded down C$0.04 during trading on Tuesday, hitting C$1.40. The company had a trading volume of 14,980 shares, compared to its average volume of 74,979. The company has a fifty day moving average price of C$1.30 and a two-hundred day moving average price of C$1.14. The company has a current ratio of 18.00, a quick ratio of 11.12 and a debt-to-equity ratio of 0.76. The company has a market cap of C$71.89 million and a P/E ratio of -28.80. Lavras Gold Corp. has a fifty-two week low of C$0.21 and a fifty-two week high of C$1.79.

About Lavras Gold

Lavras Gold Corp. engages in the exploration and development of mineral resource properties in Brazil. It holds interests in the Lavras do Sul, an advanced exploration gold project with 29 mineral rights covering approximately 22,000 hectares located in Rio Grande do Sul, Brazil. The company was incorporated in 2021 and is headquartered in Toronto, Canada.

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