Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Purchases 17,800 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 17,800 shares of Lavras Gold stock in a transaction dated Tuesday, September 10th. The stock was purchased at an average price of C$2.50 per share, for a total transaction of C$44,500.00.

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

• On Tuesday, July 23rd, Rostislav Christov Raykov bought 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 shares were acquired 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 acquired 10,000 shares of Lavras Gold stock. The stock was acquired at an average price of C$1.80 per share, for a total transaction of C$18,000.00.
• On Thursday, June 20th, Rostislav Christov Raykov bought 7,200 shares of Lavras Gold stock. The shares were acquired at an average price of C$1.54 per share, with a total value of C$11,088.00.

Lavras Gold Stock Up 7.8 %

LGC stock opened at C$2.50 on Wednesday. The stock has a market cap of C$128.38 million, a P/E ratio of -35.71 and a beta of -0.17. 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 twelve month low of C$0.75 and a twelve month high of C$2.89. The company’s 50 day moving average is C$2.20 and its two-hundred day moving average is C$1.74.

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.