Shares of Lavras Gold Corp. (CVE:LGC – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.62 and traded as low as C$1.75. Lavras Gold shares last traded at C$1.82, with a volume of 26,000 shares traded.
Lavras Gold Price Performance
The firm has a market cap of C$112.65 million, a P/E ratio of -25.86 and a beta of -3.38. The company has a current ratio of 6.59, a quick ratio of 11.12 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of C$2.06 and a 200-day moving average price of C$2.61.
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.
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