Lavras Gold Corp. (CVE:LGC – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.76 and traded as low as C$2.20. Lavras Gold shares last traded at C$2.20, with a volume of 36,908 shares changing hands.
Lavras Gold Stock Down 10.9%
The company has a debt-to-equity ratio of 0.22, a current ratio of 6.59 and a quick ratio of 11.12. The company has a market capitalization of C$127.59 million, a price-to-earnings ratio of -29.29 and a beta of -3.38. The firm has a 50-day moving average price of C$2.13 and a two-hundred day moving average price of C$2.75.
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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