Lara Exploration (CVE:LRA) Reaches New 52-Week High – Here’s What Happened

Lara Exploration Ltd. (CVE:LRA)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$3.40 and last traded at C$3.33, with a volume of 46242 shares. The stock had previously closed at C$3.07.

Lara Exploration Stock Performance

The firm has a fifty day simple moving average of C$2.86 and a 200 day simple moving average of C$2.57. The company has a market capitalization of C$175.88 million, a PE ratio of -58.00 and a beta of -0.46.

Lara Exploration Company Profile

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.