Shares of Lavras Gold Corp. (CVE:LGC – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.52 and traded as low as C$1.97. Lavras Gold shares last traded at C$1.97, with a volume of 2,900 shares traded.
Lavras Gold Price Performance
The firm has a market cap of C$122.61 million, a price-to-earnings ratio of -28.14 and a beta of -3.11. The company’s fifty day moving average is C$2.06 and its 200 day moving average is C$2.52. The company has a quick ratio of 11.12, a current ratio of 6.59 and a debt-to-equity ratio of 0.22.
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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