Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Purchases 15,800 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 15,800 shares of the stock in a transaction dated Wednesday, December 11th. The stock was acquired at an average price of C$2.40 per share, for a total transaction of C$37,920.00.

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

• On Monday, December 9th, Rostislav Christov Raykov bought 10,000 shares of Lavras Gold stock. The shares were acquired at an average cost of C$2.46 per share, with a total value of C$24,600.00.
• On Tuesday, November 19th, Rostislav Christov Raykov purchased 20,600 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.51 per share, for a total transaction of C$51,706.00.
• On Thursday, November 7th, Rostislav Christov Raykov acquired 115,600 shares of Lavras Gold stock. The stock was bought at an average price of C$2.50 per share, with a total value of C$289,000.00.
• On Wednesday, October 16th, Rostislav Christov Raykov bought 20,000 shares of Lavras Gold stock. The shares were bought at an average price of C$2.50 per share, for a total transaction of C$50,000.00.
• On Thursday, October 10th, Rostislav Christov Raykov purchased 5,000 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.47 per share, with a total value of C$12,350.00.
• On Monday, September 23rd, Rostislav Christov Raykov acquired 3,400 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.54 per share, for a total transaction of C$8,636.00.
• On Wednesday, September 18th, Rostislav Christov Raykov bought 5,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.64 per share, with a total value of C$13,200.00.
• On Monday, September 16th, Rostislav Christov Raykov purchased 12,600 shares of Lavras Gold stock. The shares were purchased at an average cost of C$2.60 per share, for a total transaction of C$32,760.00.
• On Thursday, September 12th, Rostislav Christov Raykov acquired 3,400 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.70 per share, with a total value of C$9,180.00.

Lavras Gold Stock Down 2.1 %

LGC opened at C$2.35 on Friday. The stock has a market cap of C$120.67 million, a price-to-earnings ratio of -33.57 and a beta of -0.26. The company has a debt-to-equity ratio of 0.66, a quick ratio of 11.12 and a current ratio of 7.38. The firm’s fifty day moving average is C$2.45 and its 200 day moving average is C$2.24. Lavras Gold Corp. has a fifty-two week low of C$0.75 and a fifty-two week high of C$2.89.

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.