Lara Exploration Ltd. (CVE:LRA – Get Free Report) shares fell 14.5% during mid-day trading on Friday . The company traded as low as C$0.95 and last traded at C$1.00. 135,883 shares changed hands during mid-day 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 Performance
The company’s fifty day simple moving average is C$1.49 and its two-hundred day simple moving average is C$1.36. The stock has a market capitalization of C$63.28 million, a PE ratio of -361.64 and a beta of 0.31.
About Lara Exploration
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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