2176423 Ontario Ltd. Sells 800,000 Shares of Lavras Gold Corp. (CVE:LGC) Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 800,000 shares of the firm’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of C$2.05, for a total transaction of C$1,640,000.00.

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

• On Wednesday, March 26th, 2176423 Ontario Ltd. sold 200,000 shares of Lavras Gold stock. The shares were sold at an average price of C$2.06, for a total value of C$412,000.00.
• On Friday, January 24th, 2176423 Ontario Ltd. sold 16,100 shares of Lavras Gold stock. The shares were sold at an average price of C$2.50, for a total value of C$40,250.00.

Lavras Gold Trading Down 9.5 %

LGC stock opened at C$1.80 on Friday. Lavras Gold Corp. has a one year low of C$1.36 and a one year high of C$2.89. The stock has a market cap of C$92.46 million, a price-to-earnings ratio of -28.19 and a beta of -0.26. The company has a fifty day moving average price of C$2.17 and a two-hundred day moving average price of C$2.33. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.11 and a quick ratio of 11.12.

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.