Lavras Gold Corp. (CVE:LGC – Get Free Report)’s share price fell 11% during mid-day trading on Thursday . The company traded as low as C$3.36 and last traded at C$3.41. 698,346 shares changed hands during trading, an increase of 473% from the average session volume of 121,818 shares. The stock had previously closed at C$3.83.
Lavras Gold Stock Performance
The company has a debt-to-equity ratio of 0.60, a current ratio of 4.11 and a quick ratio of 11.12. The firm has a market capitalization of C$198.62 million, a PE ratio of -48.57 and a beta of -2.52. The firm has a fifty day moving average price of C$3.34 and a 200 day moving average price of C$2.64.
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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