2176423 Ontario Ltd. Sells 39,300 Shares of Lavras Gold Corp. (CVE:LGC) Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 39,300 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of C$0.27, for a total transaction of C$10,469.52.

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

• On Thursday, September 12th, 2176423 Ontario Ltd. sold 52,600 shares of Lavras Gold stock. The shares were 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 stock was sold at an average price of C$2.62, for a total value of C$87,984.96.
• On Tuesday, August 20th, 2176423 Ontario Ltd. sold 44,500 shares of Lavras Gold stock. The shares were sold at an average price of C$2.56, for a total value of C$114,035.70.
• On Friday, July 12th, 2176423 Ontario Ltd. sold 193,900 shares of Lavras Gold stock. The stock was sold at an average price of C$2.08, for a total value of C$402,420.06.

Lavras Gold Stock Performance

Shares of CVE:LGC remained flat at C$2.55 on Tuesday. The stock had a trading volume of 37,804 shares, compared to its average volume of 63,432. The business has a 50 day simple moving average of C$2.29 and a 200-day simple moving average of C$1.85. The company has a debt-to-equity ratio of 0.66, a current ratio of 7.38 and a quick ratio of 11.12. Lavras Gold Corp. has a 52-week low of C$0.75 and a 52-week high of C$2.89. The stock has a market capitalization of C$130.94 million, a PE ratio of -36.43 and a beta of -0.17.

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.