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$2.26 and traded as high as C$2.40. Lavras Gold shares last traded at C$2.25, with a volume of 10,224 shares.
Lavras Gold Stock Performance
The company has a current ratio of 7.38, a quick ratio of 11.12 and a debt-to-equity ratio of 0.66. The company has a market capitalization of C$112.97 million, a price-to-earnings ratio of -31.43 and a beta of -0.26. The stock's fifty day simple moving average is C$2.44 and its 200-day simple moving average is C$2.26.
Insider Activity
In other news, Director Rostislav Christov Raykov purchased 15,800 shares of the stock in a transaction on Wednesday, December 11th. The stock was bought at an average price of C$2.40 per share, for a total transaction of C$37,920.00. Also, insider 2176423 Ontario Ltd. sold 200,000 shares of the stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of C$2.60, for a total transaction of C$519,240.00. Over the last three months, insiders have purchased 220,900 shares of company stock worth $550,157 and have sold 907,100 shares worth $2,205,214. Insiders own 43.82% of the company's stock.
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.
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