Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Purchases 12,500 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) Director Rostislav Christov Raykov bought 12,500 shares of the firm's stock in a transaction on Wednesday, June 25th. The stock was bought at an average cost of C$1.69 per share, for a total transaction of C$21,125.00.

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

• On Thursday, March 27th, Rostislav Christov Raykov purchased 49,800 shares of Lavras Gold stock. The stock was bought at an average cost of C$2.07 per share, for a total transaction of C$103,086.00.

Lavras Gold Trading Down 0.6%

Shares of CVE:LGC traded down C$0.01 during mid-day trading on Wednesday, reaching C$1.80. 43,615 shares of the company were exchanged, compared to its average volume of 52,337. Lavras Gold Corp. has a 1 year low of C$1.59 and a 1 year high of C$2.89. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.11 and a quick ratio of 11.12. The firm's 50-day simple moving average is C$2.25 and its 200 day simple moving average is C$2.22. The firm has a market cap of C$92.46 million, a price-to-earnings ratio of -28.19 and a beta of -0.26.

Lavras Gold Company Profile

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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