Lara Exploration (CVE:LRA) Stock Price Up 0.3% – Still a Buy?

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price rose 0.3% on Monday . The stock traded as high as C$4.02 and last traded at C$3.99. Approximately 2,100 shares changed hands during trading, a decline of 90% from the average daily volume of 20,688 shares. The stock had previously closed at C$3.98.

Lara Exploration Stock Performance

The firm has a 50 day moving average of C$3.61 and a two-hundred day moving average of C$2.99. The stock has a market cap of C$246.55 million, a P/E ratio of -66.50 and a beta of -0.45.

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.

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