Lavras Gold Corp. (CVE:LGC – Get Free Report)’s stock price traded down 9.9% during trading on Thursday . The company traded as low as C$3.36 and last traded at C$3.45. 436,506 shares traded hands during trading, an increase of 412% from the average session volume of 85,282 shares. The stock had previously closed at C$3.83.
Lavras Gold Stock Performance
The business’s fifty day simple moving average is C$3.36 and its 200-day simple moving average is C$2.66. The firm has a market cap of C$198.62 million, a P/E ratio of -48.57 and a beta of -2.52. The company has a current ratio of 4.11, a quick ratio of 11.12 and a debt-to-equity ratio of 0.60.
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.
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