Shares of Lara Exploration Ltd. (CVE:LRA - Get Free Report) dropped 2.2% during mid-day trading on Tuesday . The company traded as low as C$1.34 and last traded at C$1.34. Approximately 23,200 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 31,010 shares. The stock had previously closed at C$1.37.
Lara Exploration Stock Performance
The business has a fifty day simple moving average of C$1.44 and a 200 day simple moving average of C$1.19. The stock has a market cap of C$61.41 million, a price-to-earnings ratio of -67.00 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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