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

Lara Exploration Ltd. (CVE:LRAGet Free Report)’s stock price fell 14.5% during trading on Friday . The stock 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 Price Performance

The firm has a 50-day simple moving average of C$1.50 and a 200 day simple moving average of C$1.35. The company has a market capitalization of C$49.43 million, a PE ratio of -282.53 and a beta of 0.31.

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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