Lara Exploration (CVE:LRA) Trading 28% Higher – What’s Next?

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price rose 28% on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. Approximately 107,800 shares were traded 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 Stock Performance

The business has a 50-day simple moving average of C$1.49 and a two-hundred day simple moving average of C$1.36. The stock has a market cap of C$63.28 million, a price-to-earnings ratio of -361.64 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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