Lara Exploration (CVE:LRA) Shares Down 1.5% – What’s Next?

Lara Exploration Ltd. (CVE:LRAGet Free Report) shares were down 1.5% during trading on Tuesday . The company traded as low as C$3.93 and last traded at C$3.93. Approximately 4,100 shares traded 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 Performance

The company has a 50 day simple moving average of C$3.99 and a two-hundred day simple moving average of C$3.60. The firm has a market cap of C$243.65 million, a PE ratio of -65.50 and a beta of -0.67.

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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