Lara Exploration (CVE:LRA) Trading 28% Higher – Here’s What Happened

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

Lara Exploration Price Performance

The stock has a market capitalization of C$63.28 million, a PE ratio of -361.64 and a beta of 0.31. The company has a 50 day moving average price of C$1.49 and a 200-day moving average price of C$1.36.

About Lara Exploration

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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.

Further Reading

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