Lara Exploration Ltd. (CVE:LRA – Get Free Report) shares dropped 5.7% during mid-day trading on Thursday . The company traded as low as C$1.49 and last traded at C$1.50. Approximately 78,154 shares were traded during mid-day trading, an increase of 102% from the average daily volume of 38,763 shares. The stock had previously closed at C$1.59.
Lara Exploration Stock Performance
The firm has a market capitalization of C$76.13 million, a price-to-earnings ratio of -435.10 and a beta of 0.31. The business has a 50 day simple moving average of C$1.50 and a 200-day simple moving average of C$1.32.
About Lara Exploration
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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