Lara Exploration (CVE:LRA) Stock Price Up 4.1% – Time to Buy?

by · The Cerbat Gem

Lara Exploration Ltd. (CVE:LRA – Get Free Report)’s stock price rose 4.1% on Monday . The company traded as high as C$4.11 and last traded at C$4.11. Approximately 9,500 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 19,652 shares. The stock had previously closed at C$3.95.

Lara Exploration Price Performance

The firm’s 50 day simple moving average is C$3.81 and its two-hundred day simple moving average is C$3.13. The firm has a market capitalization of C$253.96 million, a P/E ratio of -68.50 and a beta of -0.45.

About Lara Exploration

(Get Free Report)

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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