Lavras Gold Corp. (CVE:LGC – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.73 and traded as high as C$2.98. Lavras Gold shares last traded at C$2.97, with a volume of 60,763 shares changing hands.
Lavras Gold Price Performance
The company has a market capitalization of C$182.24 million, a PE ratio of -42.43 and a beta of -3.36. The company has a current ratio of 4.11, a quick ratio of 11.12 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average price is C$3.40 and its 200-day moving average price is C$2.73.
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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