Lavras Gold Corp. (CVE:LGC) Director Acquires C$29,300.00 in Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 29,300 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was purchased at an average cost of C$1.00 per share, with a total value of C$29,300.00.

Lavras Gold Stock Performance

Shares of LGC traded up C$0.01 during trading hours on Monday, hitting C$1.05. The company’s stock had a trading volume of 41,800 shares, compared to its average volume of 82,560. The business has a 50 day simple moving average of C$1.36 and a two-hundred day simple moving average of C$0.72. The company has a market cap of C$53.84 million and a price-to-earnings ratio of -20.80. Lavras Gold Corp. has a 52-week low of C$0.21 and a 52-week high of C$1.79. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.51 and a quick ratio of 11.12.

Lavras Gold Company Profile

Lavras Gold Corp. operates as a junior exploration company in southern Brazil. It engages in the exploration and development of the Lavras do Sul gold 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.