Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys 50,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC - Get Free Report) Director Rostislav Christov Raykov purchased 50,000 shares of the business's stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average price of C$1.52 per share, for a total transaction of C$76,000.00.

Rostislav Christov Raykov also recently made the following trade(s):

  • On Tuesday, April 9th, Rostislav Christov Raykov purchased 200,000 shares of Lavras Gold stock. The stock was bought at an average price of C$1.61 per share, for a total transaction of C$322,000.00.
  • On Tuesday, February 20th, Rostislav Christov Raykov purchased 94,900 shares of Lavras Gold stock. The stock was bought at an average price of C$1.00 per share, for a total transaction of C$94,900.00.
  • On Friday, February 16th, Rostislav Christov Raykov purchased 95,500 shares of Lavras Gold stock. The stock was bought at an average price of C$1.00 per share, for a total transaction of C$95,500.00.
  • On Monday, January 29th, Rostislav Christov Raykov purchased 5,000 shares of Lavras Gold stock. The stock was bought at an average price of C$1.20 per share, for a total transaction of C$6,000.00.
  • On Friday, January 26th, Rostislav Christov Raykov acquired 10,000 shares of Lavras Gold stock. The shares were purchased at an average cost of C$1.10 per share, with a total value of C$11,000.00.

Lavras Gold Stock Performance

Shares of Lavras Gold stock opened at C$1.54 on Wednesday. The business has a fifty day simple moving average of C$1.21 and a two-hundred day simple moving average of C$1.14. The company has a current ratio of 18.00, a quick ratio of 11.12 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of C$79.08 million and a P/E ratio of -30.80. Lavras Gold Corp. has a 12 month low of C$0.21 and a 12 month high of C$1.79.

Lavras Gold Company Profile

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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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