Lara Exploration (CVE:LRA) Stock Price Up 28% – Here’s What Happened

Lara Exploration Ltd. (CVE:LRAGet Free Report) was up 28% on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. Approximately 107,800 shares traded hands during 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 company 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 fifty day simple moving average of C$1.49 and a 200-day simple moving average 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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