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

Shares of Lara Exploration Ltd. (CVE:LRAGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$1.69 and last traded at C$1.66, with a volume of 36765 shares. The stock had previously closed at C$1.59.

Lara Exploration Price Performance

The stock has a 50 day moving average price of C$1.45 and a two-hundred day moving average price of C$1.25. The company has a market capitalization of C$76.08 million, a price-to-earnings ratio of -83.00 and a beta of 0.31.

About Lara Exploration

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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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