Lara Exploration (CVE:LRA) Trading Down 1.5% – Here’s Why

Lara Exploration Ltd. (CVE:LRA)’s share price dropped 1.5% during trading on Tuesday . The stock traded as low as C$3.93 and last traded at C$3.93. 4,100 shares were traded 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 Up 1.3%

The company has a market capitalization of C$247.99 million, a PE ratio of -66.67 and a beta of -0.67. The firm has a 50-day moving average of C$3.99 and a two-hundred day moving average of C$3.62.

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.