Lara Exploration Ltd. (CVE:LRA - Get Free Report) rose 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 changed 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 firm has a market capitalization of C$57.84 million, a P/E ratio of -330.56 and a beta of 0.31. The stock's 50-day simple moving average is C$1.49 and its two-hundred day simple moving average is C$1.36.
Insider Transactions at Lara Exploration
In other news, Director Simon Henry Ingram acquired 33,700 shares of Lara Exploration stock in a transaction on Friday, March 7th. The shares were acquired at an average price of C$1.10 per share, with a total value of C$37,070.00. Insiders acquired a total of 58,900 shares of company stock valued at $72,667 over the last 90 days. Company insiders own 13.21% of the company's stock.
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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