Lara Exploration (CVE:LRA) Hits New 12-Month High – What’s Next?

Shares of Lara Exploration Ltd. (CVE:LRA) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$1.63 and last traded at C$1.63, with a volume of 17184 shares changing hands. The stock had previously closed at C$1.55.

Lara Exploration Price Performance

The stock has a market capitalization of C$72.87 million, a P/E ratio of -79.50 and a beta of 0.31. The stock’s fifty day moving average is C$1.49 and its 200-day moving average is C$1.31.

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.