Insider Selling: Lavras Gold Corp. (CVE:LGC) Insider Sells 200,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) insider 2176423 Ontario Ltd. sold 200,000 shares of the company's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of C$2.06, for a total transaction of C$412,000.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Friday, January 24th, 2176423 Ontario Ltd. sold 16,100 shares of Lavras Gold stock. The stock was sold at an average price of C$2.50, for a total value of C$40,250.00.

Lavras Gold Trading Up 1.5 %

LGC traded up C$0.03 during midday trading on Monday, reaching C$2.05. 10,900 shares of the company's stock traded hands, compared to its average volume of 55,118. Lavras Gold Corp. has a 52 week low of C$1.36 and a 52 week high of C$2.89. 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 has a fifty day moving average of C$2.20 and a two-hundred day moving average of C$2.35. The stock has a market capitalization of C$105.30 million, a price-to-earnings ratio of -32.10 and a beta of -0.26.

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.