Lavras Gold (CVE:LGC) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of Lavras Gold Corp. (CVE:LGCGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.81 and traded as high as C$2.85. Lavras Gold shares last traded at C$2.70, with a volume of 37,361 shares trading hands.

Lavras Gold Stock Performance

The company has a current ratio of 5.43, a quick ratio of 11.12 and a debt-to-equity ratio of 0.36. The business’s 50 day moving average is C$3.22 and its two-hundred day moving average is C$2.82. The company has a market cap of C$176.11 million, a PE ratio of -41.00 and a beta of -3.43.

Lavras Gold Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Lavras Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lavras Gold and related companies with MarketBeat.com's FREE daily email newsletter.