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

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price fell 14.5% during mid-day trading on Thursday . The company traded as low as C$0.95 and last traded at C$1.00. 135,883 shares traded hands during mid-day trading, an increase of 247% from the average session volume of 39,118 shares. The stock had previously closed at C$1.17.

Lara Exploration Stock Performance

The stock has a fifty day moving average price of C$1.49 and a 200-day moving average price of C$1.36. The firm has a market capitalization of C$63.28 million, a PE ratio of -361.64 and a beta of 0.31.

About Lara Exploration

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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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