Lara Exploration (CVE:LRA) Reaches New 1-Year High – Here’s Why

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$4.69 and last traded at C$4.68, with a volume of 602 shares traded. The stock had previously closed at C$4.67.

Lara Exploration Trading Up 0.2%

The firm has a 50 day simple moving average of C$4.07 and a two-hundred day simple moving average of C$3.77. The company has a market capitalization of C$290.15 million, a PE ratio of -78.00 and a beta of -0.67.

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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