Lavras Gold Corp. (CVE:LGC - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.09 and traded as high as C$2.40. Lavras Gold shares last traded at C$2.33, with a volume of 51,362 shares trading hands.
Lavras Gold Price Performance
The company has a quick ratio of 11.12, a current ratio of 7.38 and a debt-to-equity ratio of 0.66. The company's 50-day moving average is C$2.54 and its 200-day moving average is C$2.09. The stock has a market cap of C$131.97 million, a price-to-earnings ratio of -37.14 and a beta of -0.26.
Insider Activity at Lavras Gold
In other news, insider 2176423 Ontario Ltd. sold 33,600 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of C$2.62, for a total value of C$87,984.96. In related news, Director Rowland Wallace Uloth purchased 30,500 shares of Lavras Gold stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average price of C$2.49 per share, for a total transaction of C$75,945.00. Also, insider 2176423 Ontario Ltd. sold 33,600 shares of the firm's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of C$2.62, for a total transaction of C$87,984.96. In the last 90 days, insiders have purchased 213,300 shares of company stock valued at $535,571 and have sold 770,000 shares valued at $1,889,295. 43.82% of the stock is owned by insiders.
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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