Lara Exploration (CVE:LRA) Trading Down 0.7% – What’s Next?

Shares of Lara Exploration Ltd. (CVE:LRAGet Free Report) were down 0.7% during trading on Tuesday . The stock traded as low as C$1.39 and last traded at C$1.39. Approximately 800 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 31,085 shares. The stock had previously closed at C$1.40.

Lara Exploration Stock Performance

The stock has a market capitalization of C$63.70 million, a P/E ratio of -69.50 and a beta of 0.31. The firm’s fifty day simple moving average is C$1.39 and its 200 day simple moving average is C$1.16.

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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