Lavras Gold (CVE:LGC) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Shares of Lavras Gold (CVE:LGC) briefly crossed above their 200‑day moving average
• The company shows strong liquidity and low leverage (quick ratio 11.12, current ratio 3.29, debt‑to‑equity 0.32) but remains unprofitable (PE -40.29) with a market cap of about C$173.04 million.
• Lavras Gold is a Toronto‑based junior explorer focused on the Lavras do Sul gold project in Brazil, holding 29 mineral rights over roughly 22,000 hectares.

Shares of Lavras Gold Corp. (CVE:LGC - ) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.84 and traded as high as C$2.87. Lavras Gold shares last traded at C$2.82, with a volume of 8,740 shares.

Lavras Gold Price Performance

The company has a quick ratio of 11.12, a current ratio of 3.29 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of C$173.04 million, a PE ratio of -40.29 and a beta of -3.43. The stock has a 50-day moving average price of C$3.18 and a 200 day moving average price of C$2.84.

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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