Shares of Lara Exploration Ltd. (CVE:LRA – Get Free Report) traded down 14.5% during 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 Down 14.5 %
The stock has a 50 day simple moving average of C$1.50 and a 200 day simple moving average of C$1.35. The company has a market capitalization of C$49.43 million, a price-to-earnings ratio of -282.53 and a beta of 0.31.
Lara Exploration Company Profile
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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