Lara Exploration (CVE:LRA) Trading 15.6% Higher

Lara Exploration Ltd (CVE:LRA) shares traded up 15.6% on Monday . The company traded as high as C$0.53 and last traded at C$0.52, 93,075 shares were traded during trading. An increase of 300% from the average session volume of 23,269 shares. The stock had previously closed at C$0.45.

The stock has a market capitalization of $17.39 million and a P/E ratio of -10.20. The stock’s fifty day simple moving average is C$0.49 and its two-hundred day simple moving average is C$0.49.

About Lara Exploration (CVE:LRA)

Lara Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, tin, nickel, iron, phosphate, vanadium, titanium, and coal deposits. Its property portfolio comprises 8 projects in Brazil; 15 prospects in Peru; and five coal and phosphate projects in Colombia and Chile.