Lara Exploration Ltd. (CVE:LRA - Get Free Report)'s share price was up 28% during trading on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. Approximately 107,800 shares traded hands during trading, an increase of 165% from the average daily volume of 40,611 shares. The stock had previously closed at C$1.00.
Lara Exploration Price Performance
The business has a fifty day simple moving average of C$1.49 and a 200 day simple moving average of C$1.36. The firm has a market cap of C$57.84 million, a price-to-earnings ratio of -330.56 and a beta of 0.31.
Insider Buying and Selling at Lara Exploration
In other news, Director Simon Henry Ingram bought 33,700 shares of Lara Exploration stock in a transaction on Friday, March 7th. The stock was acquired at an average price of C$1.10 per share, with a total value of C$37,070.00. Insiders bought 58,900 shares of company stock valued at $72,667 over the last quarter. 13.21% of the stock is currently owned by insiders.
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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