Lara Exploration Ltd. (CVE:LRA – Get Free Report) shares dropped 14.5% on Friday . The stock traded as low as C$0.95 and last traded at C$1.00. Approximately 135,883 shares traded hands during trading, an increase of 247% from the average daily volume of 39,118 shares. The stock had previously closed at C$1.17.
Lara Exploration Stock Performance
The firm has a market cap of C$49.43 million, a PE ratio of -282.53 and a beta of 0.31. The company’s 50-day simple moving average is C$1.50 and its two-hundred day simple moving average is C$1.35.
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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