Shares of Lara Exploration Ltd. (CVE:LRA – Get Free Report) shot up 28% on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. 107,800 shares changed hands during trading, an increase of 165% from the average session volume of 40,611 shares. The stock had previously closed at C$1.00.
Lara Exploration Trading Up 28.0 %
The stock has a fifty day moving average of C$1.50 and a two-hundred day moving average of C$1.35. The stock has a market capitalization of C$63.28 million, a price-to-earnings ratio of -361.64 and a beta of 0.31.
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.
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