Insider Selling: Lavras Gold Corp. (CVE:LGC) Insider Sells C$412,000.00 in Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 200,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of C$2.06, for a total transaction 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 stock was sold at an average price of C$2.50, for a total value of C$40,250.00.

Lavras Gold Trading Down 1.0 %

LGC stock opened at C$2.02 on Friday. Lavras Gold Corp. has a 52 week low of C$1.36 and a 52 week high of C$2.89. The company has a market capitalization of C$103.76 million, a PE ratio of -31.63 and a beta of -0.26. The company’s 50-day simple moving average is C$2.20 and its 200 day simple moving average is C$2.35. The company has a debt-to-equity ratio of 0.60, a quick ratio of 11.12 and a current ratio of 4.11.

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.