Lavras Gold Corp. (CVE:LGC) Director Acquires C$32,760.00 in Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 12,600 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was acquired at an average price of C$2.60 per share, with a total value of C$32,760.00.

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

• On Thursday, September 12th, Rostislav Christov Raykov bought 3,400 shares of Lavras Gold stock. The shares were acquired at an average price 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, with a total value of C$44,500.00.
• On Tuesday, July 23rd, Rostislav Christov Raykov acquired 1,100 shares of Lavras Gold stock. The shares were bought 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 bought 4,200 shares of Lavras Gold stock. The stock was bought at an average cost of C$1.95 per share, with a total value of C$8,190.00.
• On Wednesday, June 26th, Rostislav Christov Raykov bought 10,000 shares of Lavras Gold stock. The shares were bought at an average price of C$1.80 per share, with a total value of C$18,000.00.
• On Thursday, June 20th, Rostislav Christov Raykov purchased 7,200 shares of Lavras Gold stock. The stock was bought at an average price of C$1.54 per share, for a total transaction of C$11,088.00.

Lavras Gold Price Performance

Shares of CVE:LGC traded down C$0.08 on Monday, hitting C$2.60. The stock had a trading volume of 245,504 shares, compared to its average volume of 63,613. The firm’s 50 day moving average price is C$2.24 and its 200-day moving average price is C$1.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 11.12 and a current ratio of 7.38. Lavras Gold Corp. has a twelve month low of C$0.75 and a twelve month high of C$2.89. The company has a market capitalization of C$133.51 million, a price-to-earnings ratio of -34.57 and a beta of -0.17.

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.