Insider Selling: Lavras Gold Corp. (CVE:LGC) Insider Sells 200,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 200,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of C$2.06, for a total transaction of C$412,000.00.

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

• On Friday, January 24th, 2176423 Ontario Ltd. sold 16,100 shares of Lavras Gold stock. The stock was sold at an average price of C$2.50, for a total transaction of C$40,250.00.

Lavras Gold Price Performance

Shares of LGC opened at C$2.04 on Friday. The firm has a market cap of C$104.78 million, a PE ratio of -31.94 and a beta of -0.26. Lavras Gold Corp. has a 1-year low of C$1.21 and a 1-year high of C$2.89. The company has a current ratio of 4.11, a quick ratio of 11.12 and a debt-to-equity ratio of 0.60. The firm has a fifty day simple moving average of C$2.20 and a two-hundred day simple moving average of C$2.35.

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.