Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys 183,000 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov acquired 183,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was acquired at an average cost of C$2.35 per share, with a total value of C$430,050.00.

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

• On Tuesday, February 11th, Rostislav Christov Raykov acquired 40,000 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.35 per share, with a total value of C$94,000.00.
• On Tuesday, January 28th, Rostislav Christov Raykov acquired 2,000 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.47 per share, with a total value of C$4,940.00.
• On Tuesday, January 21st, Rostislav Christov Raykov acquired 4,000 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.26 per share, with a total value of C$9,040.00.
• On Tuesday, January 14th, Rostislav Christov Raykov acquired 19,200 shares of Lavras Gold stock. The stock was acquired 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 acquired 900 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.30 per share, with a total value of C$2,070.00.
• On Wednesday, December 11th, Rostislav Christov Raykov acquired 15,800 shares of Lavras Gold stock. The stock was acquired at an average cost 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 stock was purchased at an average price of C$2.46 per share, with a total value of C$24,600.00.

Lavras Gold Stock Performance

LGC opened at C$2.27 on Friday. The company has a market capitalization of C$116.60 million, a price-to-earnings ratio of -35.55 and a beta of -0.26. 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 Corp. has a 1-year low of C$0.75 and a 1-year high of C$2.89. The business has a 50 day moving average price of C$2.30 and a two-hundred day moving average price of C$2.40.

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.