Lavras Gold Corp (LGC) Financings
TSXV: LGC · Gold · Exploration stage
- Market cap$171.2M
- Share price$2.75
- 52-week range$1.71 – $4.30
- Shares outstanding62,249,383
- ExchangeTSXV
- Websitelavrasgold.com
Lavras Gold Corp. is a Canadian exploration company focused on realizing the potential of its LDS Project situated in a highly prospective gold district in southern Brazil. The LDS Project is located near the town of Lavras do Sul in Rio Grande do Sul State, Brazil, and is primarily an intrusive-hosted gold system of possible alkaline affinity. More than 24 gold prospects centred on historic gold workings have been identified on the LDS Project properties, which span approximately 20,300 hectares. For more information on Lavras Gold visit www.lavrasgold.com.
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Lavras Gold Corp financial statements
Key figures read from 17 of 18 financial statement filings, Jun 1, 2022 to Aug 12, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | |
|---|---|---|---|---|
| Cash and equivalents | C$4,202,850 | C$1,649,592 | C$11,052,838 | C$4,794,253 |
| Total current assets | C$32,881,128 | C$24,172,196 | C$16,373,428 | C$11,023,907 |
| Total current liabilities | C$1,395,675 | C$1,170,352 | C$619,475 | C$638,235 |
| Working capital | C$31,485,453 | C$23,001,844 | C$15,753,953 | C$10,385,672 |
| Exploration and evaluation assets | C$32,697,072 | C$23,883,422 | C$15,977,767 | C$10,620,554 |
| Property, plant and equipment | C$184,056 | C$288,774 | C$395,661 | C$403,353 |
| Total assets | C$37,471,417 | C$25,940,472 | C$27,526,191 | C$15,892,904 |
| Total liabilities | C$1,439,017 | C$1,272,989 | C$773,915 | C$890,408 |
| Shareholders' equity | C$36,032,400 | C$24,667,483 | C$26,752,276 | C$15,002,496 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | |
|---|---|---|---|---|
| General and administrative | C$2,885,462 | C$2,524,411 | C$1,808,557 | C$1,378,302 |
| Share-based compensation | C$853,292 | C$1,450,556 | C$275,419 | C$492,632 |
| Net income (loss) | (C$3,675,908) | (C$3,668,107) | (C$2,037,228) | (C$1,931,684) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | |
|---|---|---|---|---|
| Operating cash flow | (C$3,053,007) | (C$2,143,528) | (C$1,728,961) | (C$1,296,623) |
| Investing cash flow | (C$8,351,086) | (C$7,190,062) | (C$5,351,996) | C$6,162,475 |
| Financing cash flow | C$13,957,351 | (C$69,656) | C$13,339,542 | (C$71,600) |
| Exploration spending (capitalized) | (C$8,339,675) | (C$7,149,175) | (C$5,124,866) | (C$3,827,614) |
| Proceeds from share issues | — | C$0 | C$13,697,973 | C$0 |
| Change in cash | C$2,553,258 | (C$9,403,246) | C$6,258,585 | C$4,794,252 |
| Cash at end of period | C$4,202,850 | C$1,649,592 | C$11,052,838 | C$4,794,253 |
Lavras Gold Corp financings
1 financing announced or closed by Lavras Gold Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-21 | Lavras Gold Corp (LGC) | Private placement, bought deal | Closed, 1 tranche | $10.0M | $3.40 | Lavras Gold Corp. Announces $10 million Public Offering The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ |