Insider Buying: Lavras Gold Corp. (CVE:LGC) Director Acquires 49,800 Shares of Stock

Lavras Gold Corp. (CVE:LGC) Director Rostislav Christov Raykov purchased 49,800 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average cost of C$2.07 per share, for a total transaction of C$103,086.00.

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

• On Wednesday, March 19th, Rostislav Christov Raykov acquired 37,000 shares of Lavras Gold stock. The stock was purchased at an average cost of C$2.06 per share, with a total value of C$76,220.00.
• On Thursday, March 13th, Rostislav Christov Raykov purchased 50,000 shares of Lavras Gold stock. The stock was bought at an average price of C$1.96 per share, for a total transaction of C$98,000.00.
• On Tuesday, February 18th, Rostislav Christov Raykov acquired 183,000 shares of Lavras Gold stock. The stock was purchased at an average price of C$2.35 per share, with a total value of C$430,050.00.
• On Tuesday, February 11th, Rostislav Christov Raykov purchased 40,000 shares of Lavras Gold stock. The stock was purchased at an average price of C$2.35 per share, for a total transaction of C$94,000.00.
• On Tuesday, January 28th, Rostislav Christov Raykov bought 2,000 shares of Lavras Gold stock. The stock was bought at an average price of C$2.47 per share, with a total value of C$4,940.00.
• On Tuesday, January 21st, Rostislav Christov Raykov bought 4,000 shares of Lavras Gold stock. The shares were purchased at an average cost of C$2.26 per share, with a total value of C$9,040.00.
• On Tuesday, January 14th, Rostislav Christov Raykov purchased 19,200 shares of Lavras Gold stock. The shares were purchased at an average cost of C$2.17 per share, for a total transaction of C$41,664.00.
• On Tuesday, December 31st, Rostislav Christov Raykov purchased 900 shares of Lavras Gold stock. The shares were acquired at an average price of C$2.30 per share, for a total transaction of C$2,070.00.

Lavras Gold Price Performance

Lavras Gold stock opened at C$2.04 on Friday. Lavras Gold Corp. has a 12-month low of C$1.21 and a 12-month high of C$2.89. 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 stock has a market cap of C$104.78 million, a P/E ratio of -31.94 and a beta of -0.26. The company has a 50-day moving average price of C$2.20 and a 200 day moving average price of C$2.35.

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.