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Lavras Gold Corp. (CVE:LGC) Insider Sells C$79,417.89 in Stock

Lavras Gold logo with Basic Materials background

Lavras Gold Corp. (CVE:LGC - Get Free Report) insider 2176423 Ontario Ltd. sold 34,700 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of C$2.29, for a total value of C$79,417.89.

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

  • On Monday, December 9th, 2176423 Ontario Ltd. sold 154,600 shares of Lavras Gold stock. The shares were sold at an average price of C$2.43, for a total value of C$376,296.40.
  • On Tuesday, November 26th, 2176423 Ontario Ltd. sold 113,200 shares of Lavras Gold stock. The stock was sold at an average price of C$2.47, for a total transaction of C$279,207.80.
  • On Friday, October 18th, 2176423 Ontario Ltd. sold 400,000 shares of Lavras Gold stock. The shares were sold at an average price of C$2.55, for a total value of C$1,020,000.00.
  • On Wednesday, October 16th, 2176423 Ontario Ltd. sold 200,000 shares of Lavras Gold stock. The shares were sold at an average price of C$2.60, for a total value of C$519,240.00.
  • On Monday, September 23rd, 2176423 Ontario Ltd. sold 39,300 shares of Lavras Gold stock. The stock was sold at an average price of C$0.27, for a total value of C$10,469.52.

Lavras Gold Price Performance

Shares of CVE LGC remained flat at C$2.20 during trading hours on Friday. The stock had a trading volume of 2,511 shares, compared to its average volume of 56,036. Lavras Gold Corp. has a 12 month low of C$0.75 and a 12 month high of C$2.89. The company has a debt-to-equity ratio of 0.66, a current ratio of 7.38 and a quick ratio of 11.12. The firm's fifty day moving average price is C$2.44 and its 200 day moving average price is C$2.26. The stock has a market capitalization of C$112.97 million, a PE ratio of -31.43 and a beta of -0.26.

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

Insider Buying and Selling by Quarter for Lavras Gold (CVE:LGC)

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