Shares of Lavras Gold Corp. (CVE:LGC – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as C$1.66 and last traded at C$2.01, with a volume of 109,139 shares traded. The stock had previously closed at C$2.37.
Lavras Gold Price Performance
The stock has a market capitalization of C$130.72 million, a P/E ratio of -35.00 and a beta of 1.49. The company has a current ratio of 6.43, a quick ratio of 11.12 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of C$3.09 and a two-hundred day simple moving average of C$2.56.
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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