Lavras Gold (CVE:LGC) Reaches New 1-Year High – Here’s What Happened

Lavras Gold Corp. (CVE:LGCGet Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as C$3.30 and last traded at C$3.29, with a volume of 203902 shares changing hands. The stock had previously closed at C$2.93.

Lavras Gold Trading Up 9.6%

The business has a 50 day moving average of C$2.33 and a two-hundred day moving average of C$2.25. The firm has a market cap of C$187.24 million, a P/E ratio of -45.86 and a beta of -1.44. The company has a current ratio of 4.11, a quick ratio of 11.12 and a debt-to-equity ratio of 0.60.

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.

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