Lavras Gold Corp. (CVE:LGC - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.23 and traded as high as C$2.45. Lavras Gold shares last traded at C$2.45, with a volume of 18,975 shares.
Lavras Gold Price Performance
The stock has a 50 day moving average price of C$2.16 and a two-hundred day moving average price of 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 company has a market capitalization of C$125.84 million, a PE ratio of -38.36 and a beta of -0.26.
Insider Activity at Lavras Gold
In other Lavras Gold news, insider 2176423 Ontario Ltd. sold 800,000 shares of Lavras Gold stock in a transaction that occurred on 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. Also, Director Rostislav Christov Raykov purchased 37,000 shares of the company's stock in a transaction on Wednesday, March 19th. The stock was acquired at an average cost of C$2.06 per share, for a total transaction of C$76,220.00. In the last ninety days, insiders have purchased 161,800 shares of company stock valued at $327,306 and have sold 1,025,000 shares valued at $2,102,000. 43.82% of the stock is owned by company insiders.
Lavras Gold Company Profile
(
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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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