Lavras Gold Corp. (CVE:LGC) Insider 2176423 Ontario Ltd. Sells 800,000 Shares

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 800,000 shares of the business’s stock in a transaction on Monday, March 31st. The stock was sold at an average price of C$2.05, for a total transaction of C$1,640,000.00.

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

• On Wednesday, March 26th, 2176423 Ontario Ltd. sold 200,000 shares of Lavras Gold stock. The shares were sold at an average price of C$2.06, for a total transaction of C$412,000.00.
• 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 stock traded down C$0.04 during midday trading on Thursday, reaching C$2.00. 11,550 shares of the company traded hands, compared to its average volume of 55,094. The firm has a market cap of C$102.73 million, a PE ratio of -31.32 and a beta of -0.26. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.11 and a quick ratio of 11.12. The firm’s 50 day simple moving average is C$2.19 and its two-hundred day simple moving average is C$2.34. Lavras Gold Corp. has a 1-year low of C$1.36 and a 1-year 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.