Lara Exploration (CVE:LRA) Trading Down 1.5% – Should You Sell?

Lara Exploration Ltd. (CVE:LRAGet Free Report) was down 1.5% during trading on Tuesday . The stock traded as low as C$3.93 and last traded at C$3.93. 4,100 shares changed hands during trading, a decline of 76% from the average daily volume of 17,267 shares. The stock had previously closed at C$3.99.

Lara Exploration Stock Down 1.5%

The stock has a market cap of C$243.65 million, a price-to-earnings ratio of -65.50 and a beta of -0.67. The stock’s 50 day moving average price is C$3.99 and its two-hundred day moving average price is C$3.60.

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. 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.

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