Shares of Lavras Gold Corp. (CVE:LGC – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.84 and traded as high as C$2.87. Lavras Gold shares last traded at C$2.82, with a volume of 8,740 shares.
Lavras Gold Price Performance
The company has a quick ratio of 11.12, a current ratio of 3.29 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of C$173.04 million, a PE ratio of -40.29 and a beta of -3.43. The stock has a 50-day moving average price of C$3.18 and a 200 day moving average price of C$2.84.
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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