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Lavras Gold (V:LGC) has notable insider buying

Updated Thursday Mar 21, 2024 03:43 AM EDT

Lavras Gold Corp. (LGC) has a high amount of executive buying compared to its small-cap peers over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $799,030.

Rostislav Christov Raykov, a Director, acquired 618,000 Common Shares on a direct ownership basis at prices ranging from $1.100 and $1.350 through the public market on March 20th, 2024. This represents a $780,880 investment into the company's shares and an account share holdings change of 29.0%.

Rowland Wallace Uloth, a Senior Officer and Director, acquired 15,000 Common Shares on a direct ownership basis at a price of $1.210 through the public market on March 19th, 2024. This represents a $18,150 investment into the company's shares and an account share holdings change of 1.3%.

Lavras Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Lavras Gold Corp. is a Canada-based junior exploration company. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that spans approximately 22,000 hectares in size and comprised of 29 mineral rights centered on historic gold workings.

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Go to Lavras Gold Corp. (LGC)'s company page

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