Lara Exploration Ltd. (CVE:LRA – Get Free Report) shot up 28% on Friday . The stock traded as high as C$1.32 and last traded at C$1.28. 107,800 shares traded hands during mid-day trading, an increase of 166% from the average session volume of 40,526 shares. The stock had previously closed at C$1.00.
Lara Exploration Trading Up 28.0 %
The company’s 50-day moving average is C$1.49 and its two-hundred day moving average is C$1.36. The firm has a market cap of C$63.28 million, a P/E ratio of -361.64 and a beta of 0.31.
About Lara Exploration
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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