Lara Exploration (CVE:LRA) Shares Up 4.1% – Here’s What Happened

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price traded up 4.1% during mid-day trading on Monday . The stock traded as high as C$4.11 and last traded at C$4.11. 9,500 shares changed hands during trading, a decline of 52% from the average session volume of 19,652 shares. The stock had previously closed at C$3.95.

Lara Exploration Trading Down 7.1%

The stock has a market capitalization of C$240.98 million, a price-to-earnings ratio of -65.00 and a beta of -0.45. The stock’s 50 day moving average is C$3.81 and its 200 day moving average is C$3.13.

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. 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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