Shares of Lavras Gold Corp. (CVE:LGC - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.20 and traded as low as C$1.96. Lavras Gold shares last traded at C$2.02, with a volume of 18,350 shares.
Lavras Gold Price Performance
The stock's 50-day moving average is C$2.24 and its 200-day moving average is C$2.20. The firm has a market cap of C$102.73 million, a P/E ratio of -31.32 and a beta of -0.26. The company has a quick ratio of 11.12, a current ratio of 4.11 and a debt-to-equity ratio of 0.60.
Insiders Place Their Bets
In related news, Director Michael Christopher Durose bought 25,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average price of C$2.00 per share, with a total value of C$50,000.00. Also, Director Jonathan Victor Hill sold 25,000 shares of the business's stock in a transaction on Friday, May 23rd. The stock was sold at an average price of C$2.00, for a total transaction of C$50,000.00. Insiders own 43.82% of the company's stock.
Lavras Gold Company Profile
(
Get Free Report)
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.
Further Reading
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