Lara Exploration (CVE:LRA) Stock Price Up 26% – Here’s Why

Lara Exploration Ltd. (CVE:LRAGet Free Report) shares traded up 26% on Friday . The company traded as high as C$1.27 and last traded at C$1.26. 96,700 shares were traded during mid-day trading, an increase of 140% from the average session volume of 40,369 shares. The stock had previously closed at C$1.00.

Lara Exploration Trading Up 28.0 %

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. The company has a fifty day simple moving average of C$1.50 and a 200-day simple moving average of C$1.35.

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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