Shares of Lara Exploration Ltd. (CVE:LRA – Get Free Report) shot up 28% during trading 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 Price Performance

The business has a fifty day moving average price of C$1.49 and a 200 day moving average price of C$1.36. The company 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

(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.

See Also

Receive News & Ratings for Lara Exploration Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Lara Exploration and related companies with MarketBeat.com’s FREE daily email newsletter.