Lara Exploration (CVE:LRA) Shares Down 4.2% – Here’s Why

Shares of Lara Exploration Ltd. (CVE:LRAGet Free Report) traded down 4.2% during trading on Monday . The company traded as low as C$2.53 and last traded at C$2.53. 3,935 shares traded hands during trading, a decline of 85% from the average session volume of 26,850 shares. The stock had previously closed at C$2.64.

Lara Exploration Trading Up 4.7%

The company’s fifty day moving average is C$2.40 and its 200 day moving average is C$2.18. The company has a market capitalization of C$133.79 million, a P/E ratio of -53.00 and a beta of 0.02.

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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