Lara Exploration (CVE:LRA) Trading Down 14.5% – Time to Sell?

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price was down 14.5% during mid-day trading on Friday . The company 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 Trading Down 14.5 %

The firm has a market capitalization of C$49.43 million, a PE ratio of -282.53 and a beta of 0.31. The firm’s fifty day moving average price is C$1.50 and its 200 day moving average price is C$1.35.

Lara Exploration Company Profile

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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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