Lara Exploration (CVE:LRA) Hits New 12-Month High – Here’s What Happened
by Danessa Lincoln · The Markets DailyLara Exploration Ltd. (CVE:LRA – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$4.33 and last traded at C$4.32, with a volume of 13792 shares changing hands. The stock had previously closed at C$4.22.
Lara Exploration Price Performance
The company has a 50-day moving average of C$4.02 and a 200 day moving average of C$3.73. The company has a market cap of C$271.55 million, a PE ratio of -73.00 and a beta of -0.67.
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. 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.