Insider Selling: Lavras Gold Corp. (CVE:LGC) Insider Sells 16,100 Shares of Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 16,100 shares of the company’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of C$2.50, for a total transaction of C$40,250.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Thursday, December 19th, 2176423 Ontario Ltd. sold 34,700 shares of Lavras Gold stock. The shares were sold at an average price of C$2.29, for a total transaction of C$79,417.89.
• On Monday, December 9th, 2176423 Ontario Ltd. sold 154,600 shares of Lavras Gold stock. The stock was sold at an average price of C$2.43, for a total transaction of C$376,296.40.
• On Tuesday, November 26th, 2176423 Ontario Ltd. sold 113,200 shares of Lavras Gold stock. The stock was sold at an average price of C$2.47, for a total value of C$279,207.80.

Lavras Gold Trading Down 7.7 %

Shares of LGC opened at C$2.28 on Thursday. The stock has a fifty day moving average price of C$2.33 and a two-hundred day moving average price of C$2.36. 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 company has a market cap of C$117.08 million, a price-to-earnings ratio of -32.57 and a beta of -0.26. Lavras Gold Corp. has a 52-week low of C$0.75 and a 52-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.