Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys 10,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) Director Rostislav Christov Raykov acquired 10,000 shares of the company's stock in a transaction on Monday, December 9th. The stock was acquired at an average price of C$2.46 per share, for a total transaction of C$24,600.00.

Rostislav Christov Raykov also recently made the following trade(s):

• On Tuesday, November 19th, Rostislav Christov Raykov bought 20,600 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.51 per share, for a total transaction of C$51,706.00.
• On Thursday, November 7th, Rostislav Christov Raykov bought 115,600 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.50 per share, for a total transaction of C$289,000.00.
• On Wednesday, October 16th, Rostislav Christov Raykov bought 20,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.50 per share, for a total transaction of C$50,000.00.
• On Thursday, October 10th, Rostislav Christov Raykov bought 5,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.47 per share, for a total transaction of C$12,350.00.
• On Monday, September 23rd, Rostislav Christov Raykov bought 3,400 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.54 per share, for a total transaction of C$8,636.00.
• On Wednesday, September 18th, Rostislav Christov Raykov acquired 5,000 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.64 per share, for a total transaction of C$13,200.00.
• On Monday, September 16th, Rostislav Christov Raykov acquired 12,600 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.60 per share, for a total transaction of C$32,760.00.
• On Thursday, September 12th, Rostislav Christov Raykov acquired 3,400 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.70 per share, for a total transaction of C$9,180.00.

Lavras Gold Price Performance

LGC traded up C$0.01 during midday trading on Tuesday, reaching C$2.40. 7,022 shares of the company's stock were exchanged, compared to its average volume of 57,382. 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 stock has a market capitalization of C$123.24 million, a PE ratio of -34.29 and a beta of -0.26. The business's 50-day moving average price is C$2.46 and its 200 day moving average price is C$2.23. Lavras Gold Corp. has a 1-year low of C$0.75 and a 1-year high of C$2.89.

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.