Shares of Lavras Gold Corp. (CVE:LGC – Get Free Report) traded up 20.8% on Tuesday . The company traded as high as C$2.46 and last traded at C$2.38. 102,322 shares traded hands 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 Performance
The stock’s 50 day moving average price is C$2.17 and its 200 day moving average price is C$2.79. 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 firm has a market cap of C$141.28 million, a PE ratio of -37.83 and a beta of -2.61.
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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