Shares of Lavras Gold Corp. (CVE:LGC – Get Free Report) reached a new 52-week low on Thursday. The company traded as low as C$1.66 and last traded at C$2.01, with a volume of 109,139 shares trading hands. The stock had previously closed at C$2.37.
Lavras Gold Price Performance
The company has a quick ratio of 11.12, a current ratio of 6.43 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average price is C$3.09 and its 200-day moving average price is C$2.56. The company has a market capitalization of C$130.72 million, a price-to-earnings ratio of -35.00 and a beta of 1.49.
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.
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