Lavras Gold Corp. (CVE:LGC – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.05 and traded as high as C$2.15. Lavras Gold shares last traded at C$2.15, with a volume of 37,370 shares.
Lavras Gold Price Performance
The company has a debt-to-equity ratio of 0.22, a current ratio of 6.59 and a quick ratio of 11.12. The firm has a market cap of C$129.45 million, a price-to-earnings ratio of -29.71 and a beta of -3.11. The stock’s fifty day moving average price is C$2.05 and its 200-day moving average price is C$2.55.
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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