Lara Exploration (CVE:LRA) Shares Down 14.5% – Here’s What Happened

Lara Exploration Ltd. (CVE:LRAGet Free Report) shares traded down 14.5% on Friday . The stock traded as low as C$0.95 and last traded at C$1.00. 135,883 shares traded hands during trading, an increase of 247% from the average session volume of 39,118 shares. The stock had previously closed at C$1.17.

Lara Exploration Stock Up 28.0 %

The stock has a market cap of C$63.28 million, a P/E ratio of -361.64 and a beta of 0.31. The firm’s 50-day moving average is C$1.49 and its two-hundred day moving average is C$1.36.

Lara Exploration Company Profile

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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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