Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Buys C$24,600.00 in Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov purchased 10,000 shares of Lavras Gold stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of C$2.46 per share, with a total value of C$24,600.00.

Rostislav Christov Raykov also recently made the following trade(s):

• On Wednesday, December 11th, Rostislav Christov Raykov acquired 15,800 shares of Lavras Gold stock. The shares were acquired at an average cost of C$2.40 per share, for a total transaction of C$37,920.00.
• On Tuesday, November 19th, Rostislav Christov Raykov bought 20,600 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.51 per share, for a total transaction of C$51,706.00.
• On Thursday, November 7th, Rostislav Christov Raykov purchased 115,600 shares of Lavras Gold stock. The stock was bought at an average price of C$2.50 per share, with a total value of C$289,000.00.
• On Wednesday, October 16th, Rostislav Christov Raykov bought 20,000 shares of Lavras Gold stock. The shares were purchased at an average price of C$2.50 per share, for a total transaction of C$50,000.00.
• On Thursday, October 10th, Rostislav Christov Raykov acquired 5,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.47 per share, with a total value of C$12,350.00.
• On Monday, September 23rd, Rostislav Christov Raykov bought 3,400 shares of Lavras Gold stock. The shares were purchased at an average price of C$2.54 per share, for a total transaction of C$8,636.00.
• On Wednesday, September 18th, Rostislav Christov Raykov purchased 5,000 shares of Lavras Gold stock. The stock was acquired at an average price of C$2.64 per share, with a total value of C$13,200.00.
• On Monday, September 16th, Rostislav Christov Raykov acquired 12,600 shares of Lavras Gold stock. The stock was acquired at an average cost of C$2.60 per share, with a total value of C$32,760.00.
• On Thursday, September 12th, Rostislav Christov Raykov bought 3,400 shares of Lavras Gold stock. The shares were acquired at an average cost of C$2.70 per share, for a total transaction of C$9,180.00.

Lavras Gold Stock Down 2.1 %

CVE LGC opened at C$2.35 on Friday. The company has a current ratio of 7.38, a quick ratio of 11.12 and a debt-to-equity ratio of 0.66. Lavras Gold Corp. has a 12 month low of C$0.75 and a 12 month high of C$2.89. The stock’s 50 day moving average is C$2.45 and its 200 day moving average is C$2.24. The stock has a market cap of C$120.67 million, a PE ratio of -33.57 and a beta of -0.26.

About Lavras Gold

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.