Lavras Gold Corp. (CVE:LGC) Insider 2176423 Ontario Ltd. Sells 200,000 Shares

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 200,000 shares of the stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of C$2.06, for a total value of C$412,000.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Friday, January 24th, 2176423 Ontario Ltd. sold 16,100 shares of Lavras Gold stock. The shares were sold at an average price of C$2.50, for a total value of C$40,250.00.

Lavras Gold Stock Down 1.4 %

Shares of Lavras Gold stock opened at C$2.04 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 11.12 and a current ratio of 4.11. Lavras Gold Corp. has a 52-week low of C$1.21 and a 52-week high of C$2.89. The company’s 50 day moving average price is C$2.20 and its 200-day moving average price is C$2.35. The stock has a market capitalization of C$104.78 million, a price-to-earnings ratio of -31.94 and a beta of -0.26.

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.