Lara Exploration (CVE:LRA) Hits New 52-Week High – Time to Buy?

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$1.10 and last traded at C$1.05, with a volume of 31817 shares trading hands. The stock had previously closed at C$1.06.

Lara Exploration Trading Up 1.7 %

The company has a fifty day moving average price of C$1.06 and a two-hundred day moving average price of C$0.95. The firm has a market cap of C$55.91 million, a P/E ratio of -61.00 and a beta of 0.31.

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.

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