Insider Selling: Lavras Gold Corp. (CVE:LGC) Insider Sells 800,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) insider 2176423 Ontario Ltd. sold 800,000 shares of the business's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of C$2.05, for a total value of C$1,640,000.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Wednesday, March 26th, 2176423 Ontario Ltd. sold 200,000 shares of Lavras Gold stock. The stock was sold at an average price of C$2.06, for a total transaction of C$412,000.00.
• On Friday, January 24th, 2176423 Ontario Ltd. sold 16,100 shares of Lavras Gold stock. The shares were sold at an average price of C$2.50, for a total value of C$40,250.00.

Lavras Gold Price Performance

Shares of Lavras Gold stock traded down C$0.01 during trading hours on Tuesday, reaching C$1.80. The stock had a trading volume of 6,400 shares, compared to its average volume of 53,573. The firm has a market capitalization of C$92.46 million, a PE ratio of -28.19 and a beta of -0.26. The stock's 50 day moving average is C$2.16 and its 200 day moving average is C$2.32. The company has a current ratio of 4.11, a quick ratio of 11.12 and a debt-to-equity ratio of 0.60. Lavras Gold Corp. has a twelve month low of C$1.36 and a twelve month high of C$2.89.

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.