Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Purchases 50,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) Director Rostislav Christov Raykov bought 50,000 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of C$1.96 per share, for a total transaction of C$98,000.00.

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

• On Tuesday, February 18th, Rostislav Christov Raykov bought 183,000 shares of Lavras Gold stock. The shares were purchased at an average cost of C$2.35 per share, with a total value of C$430,050.00.
• On Tuesday, February 11th, Rostislav Christov Raykov purchased 40,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.35 per share, for a total transaction of C$94,000.00.
• On Tuesday, January 28th, Rostislav Christov Raykov acquired 2,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.47 per share, with a total value of C$4,940.00.
• On Tuesday, January 21st, Rostislav Christov Raykov bought 4,000 shares of Lavras Gold stock. The shares were acquired at an average cost of C$2.26 per share, for a total transaction of C$9,040.00.
• On Tuesday, January 14th, Rostislav Christov Raykov bought 19,200 shares of Lavras Gold stock. The shares were acquired at an average cost of C$2.17 per share, with a total value of C$41,664.00.
• On Tuesday, December 31st, Rostislav Christov Raykov purchased 900 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.30 per share, for a total transaction of C$2,070.00.

Lavras Gold Price Performance

CVE LGC traded up C$0.03 during trading hours on Monday, hitting C$2.01. 52,490 shares of the company's stock traded hands, compared to its average volume of 59,760. 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's 50-day moving average is C$2.22 and its 200-day moving average is C$2.38. Lavras Gold Corp. has a 52-week low of C$0.97 and a 52-week high of C$2.89. The company has a market capitalization of C$103.24 million, a PE ratio of -31.47 and a beta of -0.26.

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About Lavras Gold

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.