Lara Exploration (CVE:LRA) Stock Price Up 28% - Time to Buy?

Lara Exploration Ltd. (CVE:LRA - Get Free Report) traded up 28% during mid-day trading on Friday . The stock traded as high as C$1.32 and last traded at C$1.28. 107,800 shares changed hands during mid-day 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 Stock Down 10.2 %

The stock has a market cap of C$56.85 million, a PE ratio of -324.91 and a beta of 0.31. The stock's fifty day moving average price is C$1.49 and its 200 day moving average price is C$1.36.

Insider Buying and Selling at Lara Exploration

In other Lara Exploration news, Director Simon Henry Ingram bought 33,700 shares of the firm's 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. In the last three months, insiders have acquired 58,900 shares of company stock worth $72,667. Insiders own 13.21% of the company's stock.

Lara Exploration Company Profile

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.