Lavras Gold Corp. (CVE:LGC – Get Free Report)’s stock price traded up 20.8% during mid-day trading on Tuesday . The company traded as high as C$2.46 and last traded at C$2.38. 102,322 shares were traded during trading, an increase of 28% from the average session volume of 79,954 shares. The stock had previously closed at C$1.97.
Lavras Gold Stock Up 29.9%
The stock has a market cap of C$159.33 million, a PE ratio of -42.67 and a beta of -2.61. The company has a current ratio of 3.29, a quick ratio of 11.12 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of C$2.19 and a 200-day moving average price of C$2.79.
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.
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