2176423 Ontario Ltd. Sells 16,100 Shares of Lavras Gold Corp. (CVE:LGC) Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 16,100 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of C$2.50, for a total transaction of C$40,250.00.

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

• On Thursday, December 19th, 2176423 Ontario Ltd. sold 34,700 shares of Lavras Gold stock. The shares were sold at an average price of C$2.29, for a total transaction of C$79,417.89.
• On Monday, December 9th, 2176423 Ontario Ltd. sold 154,600 shares of Lavras Gold stock. The shares were sold at an average price of C$2.43, for a total value of C$376,296.40.
• On Tuesday, November 26th, 2176423 Ontario Ltd. sold 113,200 shares of Lavras Gold stock. The stock was sold at an average price of C$2.47, for a total value of C$279,207.80.

Lavras Gold Stock Performance

Shares of CVE LGC opened at C$2.28 on Thursday. The firm has a market capitalization of C$117.08 million, a price-to-earnings ratio of -32.57 and a beta of -0.26. Lavras Gold Corp. has a one year low of C$0.75 and a one year high of C$2.89. The business has a fifty day simple moving average of C$2.33 and a 200 day simple moving average of C$2.36. The company has a current ratio of 7.38, a quick ratio of 11.12 and a debt-to-equity ratio of 0.66.

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.