Lara Exploration Ltd. (CVE:LRA - Get Free Report)'s stock price shot up 28% during mid-day trading on Saturday . The company traded as high as C$1.32 and last traded at C$1.28. 107,800 shares were traded during trading, an increase of 165% from the average session volume of 40,611 shares. The stock had previously closed at C$1.00.
Lara Exploration Trading Up 1.7 %
The company has a market cap of C$57.84 million, a P/E ratio of -330.56 and a beta of 0.31. The company's 50-day moving average price is C$1.49 and its two-hundred day moving average price is C$1.36.
Insiders Place Their Bets
In other news, Director Simon Henry Ingram bought 33,700 shares of the business's stock in a transaction on Friday, March 7th. The stock was purchased at an average price of C$1.10 per share, with a total value of C$37,070.00. In the last three months, insiders have bought 58,900 shares of company stock worth $72,667. Corporate insiders own 13.21% of the company's stock.
About Lara Exploration
(
Get Free Report)
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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