Lara Exploration (CVE:LRA) Reaches New 12-Month High – Here’s What Happened

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$3.40 and last traded at C$3.33, with a volume of 46242 shares. The stock had previously closed at C$3.07.

Lara Exploration Stock Performance

The firm has a market capitalization of C$168.30 million, a price-to-earnings ratio of -55.50 and a beta of -0.46. The business’s 50 day moving average is C$2.82 and its 200-day moving average is C$2.56.

Lara Exploration Company Profile

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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. 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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