Lavras Gold Corp. (CVE:LGC - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.23 and traded as high as C$2.35. Lavras Gold shares last traded at C$2.12, with a volume of 75,951 shares changing hands.
Lavras Gold Price Performance
The stock has a market capitalization of C$101.70 million, a PE ratio of -31.00 and a beta of -0.26. The firm's fifty day moving average price is C$2.26 and its two-hundred day moving average price is C$2.22. 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 other news, Director Rostislav Christov Raykov purchased 49,800 shares of the business's stock in a transaction on Thursday, March 27th. The stock was acquired at an average cost of C$2.07 per share, for a total transaction of C$103,086.00. Also, Director Jonathan Victor Hill sold 25,000 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of C$2.00, for a total transaction of C$50,000.00. In the last quarter, insiders sold 1,025,000 shares of company stock valued at $2,102,000. Company insiders own 43.82% of the company's stock.
About Lavras Gold
(
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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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