Lara Exploration Ltd. (CVE:LRA – Get Free Report) shares dropped 7% on Tuesday. The stock traded as low as C$3.86 and last traded at C$3.86. Approximately 17,710 shares changed hands during trading, an increase of 16% from the average daily volume of 15,268 shares. The stock had previously closed at C$4.15.
Lara Exploration Stock Down 7.0%
The stock has a fifty day moving average of C$4.16 and a 200-day moving average of C$4.01. The stock has a market capitalization of C$239.31 million, a PE ratio of -48.25 and a beta of -0.89.
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. 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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