Lara Exploration (CVE:LRA) Stock Price Down 1.2% – What’s Next?

Lara Exploration Ltd. (CVE:LRA)’s stock price dropped 1.2% during mid-day trading on Tuesday . The stock traded as low as C$4.04 and last traded at C$4.04. Approximately 403 shares were traded during trading, a decline of 98% from the average session volume of 17,527 shares. The stock had previously closed at C$4.09.

Lara Exploration Trading Down 1.2%

The company has a 50 day simple moving average of C$3.98 and a two-hundred day simple moving average of C$3.44. The firm has a market capitalization of C$250.47 million, a P/E ratio of -67.33 and a beta of -0.67.

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. The company also holds interest in the Tocantins gold project in Central Brazil; and the Celesta copper mine and the Fofoca South gold project in Brazil.