Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys 40,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov bought 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was purchased at an average price of C$2.35 per share, for a total transaction of C$94,000.00.

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

• On Tuesday, January 28th, Rostislav Christov Raykov bought 2,000 shares of Lavras Gold stock. The stock was purchased at an average price of C$2.47 per share, for a total transaction of C$4,940.00.
• On Tuesday, January 21st, Rostislav Christov Raykov bought 4,000 shares of Lavras Gold stock. The stock was purchased at an average price of C$2.26 per share, for a total transaction of C$9,040.00.
• On Tuesday, January 14th, Rostislav Christov Raykov bought 19,200 shares of Lavras Gold stock. The stock was purchased at an average price of C$2.17 per share, for a total transaction of C$41,664.00.
• On Tuesday, December 31st, Rostislav Christov Raykov bought 900 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.30 per share, with a total value of C$2,070.00.
• On Wednesday, December 11th, Rostislav Christov Raykov bought 15,800 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.40 per share, with a total value of C$37,920.00.
• On Monday, December 9th, Rostislav Christov Raykov bought 10,000 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.46 per share, with a total value of C$24,600.00.
• On Tuesday, November 19th, Rostislav Christov Raykov bought 20,600 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.51 per share, with a total value of C$51,706.00.

Lavras Gold Price Performance

Lavras Gold stock traded up C$0.11 during midday trading on Tuesday, hitting C$2.35. 58,500 shares of the company’s stock were exchanged, compared to its average volume of 73,374. 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 50-day moving average price of C$2.31 and a two-hundred day moving average price of C$2.38. The company has a debt-to-equity ratio of 0.66, a quick ratio of 11.12 and a current ratio of 7.38. The company has a market cap of C$120.67 million, a P/E ratio of -33.57 and a beta of -0.26.

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.