Lavras Gold Corp. (CVE:LGC – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.45 and traded as low as C$1.83. Lavras Gold shares last traded at C$1.85, with a volume of 19,200 shares traded.
Lavras Gold Stock Performance
The stock’s 50-day simple moving average is C$2.04 and its 200 day simple moving average is C$2.45. The company has a quick ratio of 11.12, a current ratio of 6.59 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of C$115.14 million, a price-to-earnings ratio of -26.43 and a beta of -3.11.
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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