2176423 Ontario Ltd. Sells 200,000 Shares of Lavras Gold Corp. (CVE:LGC) Stock

Lavras Gold Corp. (CVE:LGC) insider 2176423 Ontario Ltd. sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of C$2.60, for a total transaction of C$519,240.00.

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

• On Monday, September 23rd, 2176423 Ontario Ltd. sold 39,300 shares of Lavras Gold stock. The shares were sold at an average price of C$0.27, for a total transaction of C$10,469.52.
• 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 transaction 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 stock was sold at an average price of C$2.56, for a total value of C$114,035.70.

Lavras Gold Stock Up 2.7 %

LGC opened at C$2.64 on Thursday. Lavras Gold Corp. has a one year low of C$0.75 and a one year high of C$2.89. The company has a market cap of C$135.56 million, a price-to-earnings ratio of -37.71 and a beta of -0.26. The business’s fifty day moving average is C$2.48 and its two-hundred day moving average is C$1.98. The company has a debt-to-equity ratio of 0.66, a quick ratio of 11.12 and a current ratio of 7.38.

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.