Lara Exploration (CVE:LRA) Trading Up 28% – Time to Buy?

Lara Exploration Ltd. (CVE:LRAGet Free Report) shares were up 28% on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. Approximately 107,800 shares changed 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 stock has a market capitalization of C$63.28 million, a price-to-earnings ratio of -361.64 and a beta of 0.31. The firm has a 50-day moving average of C$1.50 and a 200-day moving average of C$1.35.

Lara Exploration Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Lara Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lara Exploration and related companies with MarketBeat.com's FREE daily email newsletter.