Insider Selling: Lavras Gold Corp. (CVE:LGC) Director Sells 25,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) Director Jonathan Victor Hill sold 25,000 shares of the business's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of C$2.00, for a total value of C$50,000.00.

Lavras Gold Stock Performance

Shares of Lavras Gold stock traded up C$0.05 during trading hours on Thursday, reaching C$2.45. The company's stock had a trading volume of 70,022 shares, compared to its average volume of 55,221. Lavras Gold Corp. has a one year low of C$1.38 and a one year high of C$2.89. The company's 50 day simple moving average is C$2.14 and its 200 day simple moving average is C$2.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 11.12 and a current ratio of 4.11. The stock has a market cap of C$125.84 million, a P/E ratio of -38.36 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.