Lavras Gold Corp Stock Today
| LGC Stock | 1.43 0.05 3.38% |
Performance8 of 100
| Odds Of DistressLess than 34
|
Lavras Gold is selling for under 1.43 as of the 27th of April 2024; that is -3.38 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.38. Lavras Gold has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Lavras Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Luna Gold Corporation engages in the acquisition, exploration, development, and operation of gold properties in Brazil. The company has 51.35 M outstanding shares of which 96.8 K shares are now shorted by private and institutional investors with about 0.84 days to cover all short positions. More on Lavras Gold Corp
Moving together with Lavras Stock
| 0.81 | BRC | Blackrock Silver Corp Earnings Call This Week | PairCorr |
Moving against Lavras Stock
| 0.76 | DELX | DelphX Capital Markets | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Lavras Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lavras Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lavras Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Lavras Gold Corp (LGC) is traded on TSX Venture Exchange in Canada and employs 2 people. Lavras Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lavras Gold's market, we take the total number of its shares issued and multiply it by Lavras Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lavras Gold Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 51.35 M outstanding shares of which 96.8 K shares are now shorted by private and institutional investors with about 0.84 days to cover all short positions.
Lavras Gold Corp has accumulated about 28.72 M in cash with (1.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28.
Check Lavras Gold Probability Of Bankruptcy
Ownership AllocationLavras Gold Corp maintains a total of 51.35 Million outstanding shares. Lavras Gold Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lavras Ownership Details
Lavras Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Lavras Gold jumping above the current price in 90 days from now is about 20.23%. The Lavras Gold Corp probability density function shows the probability of Lavras Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Lavras Gold Corp has a beta of -1.5006. This indicates as returns on its benchmark rise, returns on holding Lavras Gold Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Lavras Gold is expected to outperform its benchmark. Additionally, lavras Gold Corp has an alpha of 0.7504, implying that it can generate a 0.75 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lavras Gold to move above the current price in 90 days from now is about 20.23 (This Lavras Gold Corp probability density function shows the probability of Lavras Stock to fall within a particular range of prices over 90 days) .
Lavras Gold Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lavras Gold market risk premium is the additional return an investor will receive from holding Lavras Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lavras Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lavras Gold's alpha and beta are two of the key measurements used to evaluate Lavras Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.73 | |||
| Semi Deviation | 6.25 | |||
| Standard Deviation | 6.75 | |||
| Variance | 45.56 |
Lavras Stock Against Markets
Picking the right benchmark for Lavras Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lavras Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lavras Gold is critical whether you are bullish or bearish towards Lavras Gold Corp at a given time. Please also check how Lavras Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lavras Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
| All Next | Launch Module |
How to buy Lavras Stock?
Before investing in Lavras Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lavras Gold. To buy Lavras Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lavras Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lavras Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lavras Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lavras Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lavras Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Lavras Gold Corp?
The danger of trading Lavras Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lavras Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lavras Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lavras Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lavras Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Lavras Stock analysis
When running Lavras Gold's price analysis, check to measure Lavras Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lavras Gold is operating at the current time. Most of Lavras Gold's value examination focuses on studying past and present price action to predict the probability of Lavras Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lavras Gold's price. Additionally, you may evaluate how the addition of Lavras Gold to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |