Lavras Gold (CVE:LGC) Share Price Passes Below 200-Day Moving Average of $0.37

Lavras Gold Corp. (CVE:LGCGet Rating) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.37 and traded as low as C$0.33. Lavras Gold shares last traded at C$0.33, with a volume of 500 shares changing hands.

Lavras Gold Price Performance

The company has a debt-to-equity ratio of 2.07, a current ratio of 7.63 and a quick ratio of 11.12. The firm has a market cap of C$13.56 million and a price-to-earnings ratio of -5.50. The business’s 50-day moving average price is C$0.34 and its two-hundred day moving average price is C$0.37.

About Lavras Gold

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Lavras Gold Corp. operates as a junior exploration company in Canada. It engages in the exploration and development of the Lavras do Sul gold copper project covering an area of 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

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