Lavras Gold Corp. (CVE:LGC) Insider 2176423 Ontario Ltd. Sells 113,200 Shares

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 113,200 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of C$2.47, for a total transaction of C$279,207.80.

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

• On Friday, October 18th, 2176423 Ontario Ltd. sold 400,000 shares of Lavras Gold stock. The stock was sold at an average price of C$2.55, for a total transaction of C$1,020,000.00.
• On Wednesday, October 16th, 2176423 Ontario Ltd. sold 200,000 shares of Lavras Gold stock. The shares were sold at an average price of C$2.60, for a total value of C$519,240.00.
• On Monday, September 23rd, 2176423 Ontario Ltd. sold 39,300 shares of Lavras Gold stock. The stock was sold at an average price of C$0.27, for a total value of C$10,469.52.
• On Thursday, September 12th, 2176423 Ontario Ltd. sold 52,600 shares of Lavras Gold stock. The stock was sold at an average price of C$2.62, for a total value of C$137,564.78.
• On Tuesday, September 3rd, 2176423 Ontario Ltd. sold 33,600 shares of Lavras Gold stock. The shares were sold at an average price of C$2.62, for a total value of C$87,984.96.

Lavras Gold Stock Up 3.1 %

CVE:LGC opened at C$2.35 on Friday. The company’s 50-day simple moving average is C$2.49 and its 200-day simple moving average is C$2.19. The company has a debt-to-equity ratio of 0.66, a quick ratio of 11.12 and a current ratio of 7.38. Lavras Gold Corp. has a fifty-two week low of C$0.75 and a fifty-two week high of C$2.89. The stock has a market capitalization of C$120.67 million, a P/E ratio of -33.57 and a beta of -0.26.

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.