Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys C$64,935.50 in Stock

Lavras Gold Corp. (CVE:LGC) Director Lawrence Lepard acquired 35,000 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were bought at an average cost of C$1.86 per share, for a total transaction of C$64,935.50.

Lavras Gold Price Performance

LGC stock opened at C$2.00 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 10.09 and a quick ratio of 11.12. Lavras Gold Corp. has a 1 year low of C$0.21 and a 1 year high of C$2.07. The stock has a market capitalization of C$102.70 million, a PE ratio of -40.00 and a beta of -0.10. The company’s 50-day moving average is C$1.63 and its 200-day moving average is C$1.30.

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.