Lara Exploration Ltd. (CVE:LRA – Get Free Report)’s share price rose 28% during mid-day trading on Friday . The stock traded as high as C$1.32 and last traded at C$1.28. Approximately 107,800 shares traded hands during mid-day trading, an increase of 166% from the average daily volume of 40,526 shares. The stock had previously closed at C$1.00.
Lara Exploration Stock Performance
The firm has a market capitalization of C$63.28 million, a P/E ratio of -361.64 and a beta of 0.31. The stock’s 50 day simple moving average is C$1.50 and its 200 day simple moving average is C$1.35.
About Lara Exploration
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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