Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Purchases 126,200 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 126,200 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were bought at an average cost of C$1.54 per share, with a total value of C$194,348.00.

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

• On Friday, May 3rd, Rostislav Christov Raykov purchased 9,100 shares of Lavras Gold stock. The shares were purchased at an average price of C$1.48 per share, with a total value of C$13,468.00.
• On Tuesday, April 30th, Rostislav Christov Raykov purchased 18,800 shares of Lavras Gold stock. The stock was purchased at an average cost of C$1.40 per share, for a total transaction of C$26,320.00.
• On Tuesday, April 16th, Rostislav Christov Raykov acquired 50,000 shares of Lavras Gold stock. The shares were purchased at an average cost of C$1.52 per share, with a total value of C$76,000.00.
• On Tuesday, April 9th, Rostislav Christov Raykov bought 200,000 shares of Lavras Gold stock. The stock was acquired at an average cost of C$1.61 per share, for a total transaction of C$322,000.00.
• On Tuesday, February 20th, Rostislav Christov Raykov purchased 94,900 shares of Lavras Gold stock. The shares were acquired at an average cost of C$1.00 per share, with a total value of C$94,900.00.
• On Friday, February 16th, Rostislav Christov Raykov acquired 95,500 shares of Lavras Gold stock. The stock was acquired at an average price of C$1.00 per share, for a total transaction of C$95,500.00.

Lavras Gold Price Performance

Shares of Lavras Gold stock opened at C$1.55 on Wednesday. The company has a market cap of C$79.59 million, a PE ratio of -31.00 and a beta of -0.10. The business has a 50 day moving average of C$1.35 and a 200 day moving average of C$1.15. Lavras Gold Corp. has a 52 week low of C$0.21 and a 52 week high of C$1.79. The company has a quick ratio of 11.12, a current ratio of 18.00 and a debt-to-equity ratio of 0.76.

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.