Lavras Gold Corp. (CVE:LGC) Director Purchases C$98,000.00 in Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average cost of C$1.96 per share, for a total transaction of C$98,000.00.

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

• On Tuesday, February 18th, Rostislav Christov Raykov acquired 183,000 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.35 per share, with a total value of C$430,050.00.
• On Tuesday, February 11th, Rostislav Christov Raykov purchased 40,000 shares of Lavras Gold stock. The stock was purchased at an average price of C$2.35 per share, for a total transaction of C$94,000.00.
• On Tuesday, January 28th, Rostislav Christov Raykov acquired 2,000 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.47 per share, with a total value of C$4,940.00.
• On Tuesday, January 21st, Rostislav Christov Raykov purchased 4,000 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.26 per share, for a total transaction of C$9,040.00.
• On Tuesday, January 14th, Rostislav Christov Raykov acquired 19,200 shares of Lavras Gold stock. The shares were bought at an average cost of C$2.17 per share, with a total value of C$41,664.00.
• On Tuesday, December 31st, Rostislav Christov Raykov purchased 900 shares of Lavras Gold stock. The shares were bought at an average price of C$2.30 per share, with a total value of C$2,070.00.

Lavras Gold Trading Down 5.2 %

CVE:LGC opened at C$2.00 on Friday. Lavras Gold Corp. has a 52 week low of C$0.97 and a 52 week high of C$2.89. The firm has a 50-day moving average price of C$2.24 and a two-hundred day moving average price of C$2.39. The firm has a market cap of C$102.73 million, a price-to-earnings ratio of -31.32 and a beta of -0.26. The company has a debt-to-equity ratio of 0.60, a quick ratio of 11.12 and a current ratio of 4.11.

About Lavras Gold

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.