Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Purchases C$76,000.00 in Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The shares were purchased at an average cost of C$1.52 per share, for a total transaction of C$76,000.00.

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

• On Tuesday, April 9th, Rostislav Christov Raykov acquired 200,000 shares of Lavras Gold stock. The shares were bought at an average price of C$1.61 per share, with a total value of C$322,000.00.
• On Tuesday, February 20th, Rostislav Christov Raykov acquired 94,900 shares of Lavras Gold stock. The shares were bought at an average price of C$1.00 per share, with a total value of C$94,900.00.
• On Friday, February 16th, Rostislav Christov Raykov acquired 95,500 shares of Lavras Gold stock. The shares were bought at an average price of C$1.00 per share, with a total value of C$95,500.00.
• On Monday, January 29th, Rostislav Christov Raykov acquired 5,000 shares of Lavras Gold stock. The shares were bought at an average price of C$1.20 per share, with a total value of C$6,000.00.
• On Friday, January 26th, Rostislav Christov Raykov acquired 10,000 shares of Lavras Gold stock. The shares were bought at an average price of C$1.10 per share, with a total value of C$11,000.00.

Lavras Gold Stock Performance

CVE LGC opened at C$1.59 on Friday. The company has a market capitalization of C$81.65 million and a PE ratio of -31.80. The company has a debt-to-equity ratio of 0.76, a quick ratio of 11.12 and a current ratio of 18.00. The company has a 50-day simple moving average of C$1.24 and a 200 day simple moving average of C$1.14. Lavras Gold Corp. has a 52-week low of C$0.21 and a 52-week high of C$1.79.

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.