Lara Exploration (CVE:LRA) Reaches New 52-Week High – Should You Buy?

Lara Exploration Ltd. (CVE:LRAGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.69 and last traded at C$1.66, with a volume of 36765 shares. The stock had previously closed at C$1.59.

Lara Exploration Trading Up 5.4 %

The stock has a fifty day moving average price of C$1.45 and a 200 day moving average price of C$1.25. The firm has a market cap of C$80.20 million, a price-to-earnings ratio of -87.50 and a beta of 0.31.

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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