Lavras Gold Corp. (CVE:LGC – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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.
Lavras Gold Price Performance
The business’s 50 day moving average is C$2.12 and its two-hundred day moving average is C$2.76. The firm has a market cap of C$136.92 million, a P/E ratio of -31.43 and a beta of -2.61. The company has a quick ratio of 11.12, a current ratio of 6.59 and a debt-to-equity ratio of 0.22.
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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