Lara Exploration (CVE:LRA) Trading Up 0.3% – Here’s Why

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s share price was up 0.3% during mid-day trading on Tuesday . The company traded as high as C$4.10 and last traded at C$3.94. 700 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 15,715 shares. The stock had previously closed at C$3.93.

Lara Exploration Price Performance

The firm has a market capitalization of C$244.27 million, a PE ratio of -49.25 and a beta of -0.74. The company’s fifty day simple moving average is C$4.18 and its 200 day simple moving average is C$3.93.

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. The company also holds interest in the Tocantins gold project in Central Brazil; and the Celesta copper mine and the Fofoca South gold project in Brazil.

Further Reading

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