Lavras Gold Corp. (CVE:LGC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.28 and traded as low as C$2.11. Lavras Gold shares last traded at C$2.15, with a volume of 478,411 shares.
Lavras Gold Stock Down 4.0 %
The company has a quick ratio of 11.12, a current ratio of 4.11 and a debt-to-equity ratio of 0.60. The company's fifty day moving average price is C$2.07 and its 200-day moving average price is C$2.27. The stock has a market capitalization of C$97.59 million, a PE ratio of -29.75 and a beta of -0.26.
Insider Buying and Selling
In other Lavras Gold news, Director Rostislav Christov Raykov bought 183,000 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of C$2.35 per share, for a total transaction of C$430,050.00. Also, insider 2176423 Ontario Ltd. sold 200,000 shares of the stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of C$2.06, for a total value of C$412,000.00. Insiders have purchased 361,800 shares of company stock worth $806,296 in the last 90 days. Insiders own 43.82% of the company's stock.
About Lavras Gold
(
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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