Lavras Gold Corp. (CVE:LGC - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.18 and traded as low as C$2.00. Lavras Gold shares last traded at C$2.06, with a volume of 14,500 shares trading hands.
Lavras Gold Trading Up 0.5%
The company has a market cap of C$107.86 million, a price-to-earnings ratio of -32.88 and a beta of -0.26. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.11 and a quick ratio of 11.12. The firm's fifty day moving average price is C$2.21 and its 200-day moving average price is C$2.17.
Insider Buying and Selling
In related news, Director Rostislav Christov Raykov acquired 12,800 shares of Lavras Gold stock in a transaction that occurred on Wednesday, July 16th. The stock was acquired at an average price of C$2.01 per share, with a total value of C$25,728.00. Also, Director Michael Christopher Durose acquired 25,000 shares of Lavras Gold stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average cost of C$2.00 per share, with a total value of C$50,000.00. Insiders purchased 50,300 shares of company stock valued at $96,853 over the last 90 days. 43.82% of the stock is currently owned by company insiders.
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.
Featured Articles
Before you consider Lavras Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lavras Gold wasn't on the list.
While Lavras Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.