Lavras Gold (CVE:LGC) Trading Up 19.1% – What’s Next?

Lavras Gold Corp. (CVE:LGCGet Free Report) traded up 19.1% during mid-day trading on Monday . The stock traded as high as C$3.95 and last traded at C$3.80. 159,725 shares traded hands during mid-day trading, an increase of 150% from the average daily volume of 63,777 shares. The stock had previously closed at C$3.19.

Lavras Gold Stock Up 1.6%

The firm has a market cap of C$239.66 million, a PE ratio of -64.17 and a beta of -3.10. The business’s 50 day moving average price is C$2.20 and its 200 day moving average price is C$2.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 6.43 and a quick ratio of 11.12.

About Lavras Gold

(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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