Lara Exploration Ltd.

Lara Exploration Ltd.verified

LRAXF

Price:

$1.75

Market Cap:

$121.27M

Lara Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, iron, phosphate, titanium, vanadium, and zinc deposits. Its flagship property is the Planalto copper project, in which the company has an option to acquire 100% interest located in the Carajás Mineral Province of northern Brazil. Lara Exploration Ltd. was incorporated in 2003 and is headquartered in Vancouver, Canada.

Industry

Industrial Materials

IPO Date

2006-03-28

Stock Exchange

OTC

Ticker

LRAXF

The Current Ratio as of December 2025 (TTM) for Lara Exploration Ltd. (LRAXF) is 24.19

According to Lara Exploration Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 24.19. This represents a change of -23.57% compared to the average of 31.65 of the last 4 quarters.

Lara Exploration Ltd. (LRAXF) Historical Current Ratio (quarterly & annually)

How has LRAXF Current Ratio performed in the past?

The mean historical Current Ratio of Lara Exploration Ltd. over the last ten years is 12.37. The current 24.19 Current Ratio has changed 19.46% with respect to the historical average. Over the past ten years (40 quarters), LRAXF's Current Ratio was at its highest in in the December 2024 quarter at 48.24. The Current Ratio was at its lowest in in the December 2021 quarter at 1.48.

Quarterly (TTM)
Annual

Average

12.37

Median

6.85

Minimum

1.48

Maximum

48.24

Lara Exploration Ltd. (LRAXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lara Exploration Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 456.77%

Maximum Annual Current Ratio = 48.24

Minimum Annual Increase = -87.83%

Minimum Annual Current Ratio = 1.48

Quarterly (TTM)
Annual
YearCurrent RatioChange
202448.24276.18%
202312.8256.13%
20228.21456.77%
20211.48-73.07%
20205.4838.54%
20193.9549.33%
20182.65-87.83%
201721.7642.56%
201615.26298.81%
20153.8321.26%

Lara Exploration Ltd. (LRAXF) Average Current Ratio

How has LRAXF Current Ratio performed in the past?

The current Current Ratio of Lara Exploration Ltd. (LRAXF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

23.09

5-year avg

15.25

10-year avg

12.37

Lara Exploration Ltd. (LRAXF) Current Ratio vs. Peers

How is LRAXF’s Current Ratio compared to its peers?

Lara Exploration Ltd.’s Current Ratio is greater than Power Metals Corp. (0.71), greater than FPX Nickel Corp. (14.06), greater than Blackstone Minerals Limited (0.30), greater than Ardea Resources Limited (0.34), greater than Minsud Resources Corp. (4.79), greater than Bear Creek Mining Corporation (0.17), greater than Galan Lithium Limited (0.53), greater than Kenorland Minerals Ltd. (5.07), greater than Hastings Technology Metals Limited (1.01), greater than Atlantic Lithium Limited (1.65),

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