Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Acquires 60,500 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Lawrence Lepard purchased 60,500 shares of the stock in a transaction dated Friday, February 3rd. The shares were bought at an average price of C$0.47 per share, with a total value of C$28,435.00.

Lavras Gold Price Performance

Shares of CVE:LGC traded up C$0.01 during trading on Monday, hitting C$1.44. 6,370 shares of the company were exchanged, compared to its average volume of 75,702. The business’s 50 day moving average is C$1.30 and its 200-day moving average is C$1.14. The company has a market capitalization of C$73.94 million and a P/E ratio of -28.60. The company has a quick ratio of 11.12, a current ratio of 18.00 and a debt-to-equity ratio of 0.76. Lavras Gold Corp. has a 1-year low of C$0.21 and a 1-year high of C$1.79.

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.