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Lavras Gold Corp ( (TSE:LGC) ) just unveiled an update.
Lavras Gold Corp. reported new assay results from 13 recently completed diamond drill holes at the Butiá Gold Deposit and the adjoining Fazenda do Posto Gold Discovery in southern Brazil, highlighting broad, continuous zones of gold mineralization with notable high‑grade intervals, including 190 metres at 1.01 g/t gold from surface at hole 25BT068 and 21 metres at 3.12 g/t gold at hole 25BT063. The company has completed 50 diamond drill holes totaling 16,714 metres at the Fazenda/Butiá Project so far in 2025 and outlined a 20,000‑metre drilling program for 2026, using a mix of infill, step‑out, and geological drilling to improve resource classification, extend mineralization, refine geological and metallurgical models, and position the project for an eventual development decision while testing district‑scale potential.
The most recent analyst rating on (TSE:LGC) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Lavras Gold Corp stock, see the TSE:LGC Stock Forecast page.
Spark’s Take on TSE:LGC Stock
According to Spark, TipRanks’ AI Analyst, TSE:LGC is a Neutral.
Score is held back primarily by weak fundamentals: no revenue, widening losses, and significant negative free cash flow. Support comes from a conservatively levered balance sheet and moderately positive technical trend signals, while valuation remains challenged due to negative earnings; corporate updates are constructive but still early-stage.
To see Spark’s full report on TSE:LGC stock, click here.
More about Lavras Gold Corp
Lavras Gold Corp. is a gold exploration company focused on advancing the Lavras do Sul Project in Rio Grande do Sul, Brazil, an alkaline intrusive-related gold system. The company is working on the Fazenda/Butiá Project within this district, targeting broad, continuous zones of gold mineralization through diamond drilling to build and upgrade its resource base and support future development decisions.
Average Trading Volume: 47,673
Technical Sentiment Signal: Buy
Learn more about LGC stock on TipRanks’ Stock Analysis page.