Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys C$12,350.00 in Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 5,000 shares of the stock in a transaction dated Thursday, October 10th. The shares were bought at an average cost of C$2.47 per share, for a total transaction of C$12,350.00.

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

• On Monday, September 23rd, Rostislav Christov Raykov purchased 3,400 shares of Lavras Gold stock. The stock was acquired 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 purchased 5,000 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.64 per share, for a total transaction of C$13,200.00.
• On Monday, September 16th, Rostislav Christov Raykov purchased 12,600 shares of Lavras Gold stock. The stock was acquired 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 purchased 3,400 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.70 per share, for a total transaction of C$9,180.00.
• On Tuesday, September 10th, Rostislav Christov Raykov purchased 17,800 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.50 per share, for a total transaction of C$44,500.00.
• On Tuesday, July 23rd, Rostislav Christov Raykov purchased 1,100 shares of Lavras Gold stock. The stock was acquired at an average cost of C$1.92 per share, for a total transaction of C$2,112.00.
• On Tuesday, July 16th, Rostislav Christov Raykov purchased 4,200 shares of Lavras Gold stock. The stock was acquired at an average cost of C$1.95 per share, for a total transaction of C$8,190.00.

Lavras Gold Stock Down 2.4 %

CVE LGC opened at C$2.47 on Friday. The stock’s 50 day moving average is C$2.44 and its 200 day moving average is C$1.97. The company has a current ratio of 7.38, a quick ratio of 11.12 and a debt-to-equity ratio of 0.66. Lavras Gold Corp. has a 12 month low of C$0.75 and a 12 month high of C$2.89. The stock has a market cap of C$126.83 million, a PE ratio of -35.29 and a beta of -0.26.

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.