Lara Exploration (CVE:LRA) Trading Up 28% – What’s Next?

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price was up 28% during mid-day trading on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. Approximately 107,800 shares changed hands during mid-day trading, an increase of 165% from the average daily volume of 40,611 shares. The stock had previously closed at C$1.00.

Lara Exploration Trading Up 28.0 %

The firm has a market capitalization of C$63.28 million, a price-to-earnings ratio of -361.64 and a beta of 0.31. The firm has a 50 day moving average price of C$1.49 and a two-hundred day moving average price of C$1.36.

Lara Exploration Company Profile

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Lara Exploration Ltd., through its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, silver, iron, phosphate, titanium, vanadium, tin, lead, and zinc deposits. It holds interest in the Planalto copper project located in the Carajás Mineral Province of northern Brazil.

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