Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Acquires 12,600 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov bought 12,600 shares of Lavras Gold stock in a transaction that occurred on Monday, September 16th. The shares were 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 purchased 3,400 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.70 per share, with a total value of C$9,180.00.
• On Tuesday, September 10th, Rostislav Christov Raykov acquired 17,800 shares of Lavras Gold stock. The stock was acquired at an average price of C$2.50 per share, for a total transaction of C$44,500.00.
• On Tuesday, July 23rd, Rostislav Christov Raykov bought 1,100 shares of Lavras Gold stock. The shares were acquired at an average price of C$1.92 per share, with a total value of C$2,112.00.
• On Tuesday, July 16th, Rostislav Christov Raykov acquired 4,200 shares of Lavras Gold stock. The stock was purchased at an average cost of C$1.95 per share, for a total transaction of C$8,190.00.
• On Wednesday, June 26th, Rostislav Christov Raykov acquired 10,000 shares of Lavras Gold stock. The shares were purchased 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 acquired 7,200 shares of Lavras Gold stock. The stock was acquired at an average cost of C$1.54 per share, for a total transaction of C$11,088.00.

Lavras Gold Trading Down 3.0 %

LGC stock traded down C$0.08 during trading on Monday, hitting C$2.60. The company had a trading volume of 245,504 shares, compared to its average volume of 63,613. 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 one year low of C$0.75 and a one year high of C$2.89. The business has a 50-day moving average of C$2.24 and a 200-day moving average of C$1.78. The stock has a market cap of C$133.51 million, a PE 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.