Lara Exploration (CVE:LRA) Stock Price Down 2.2% – Should You Sell?

Shares of Lara Exploration Ltd. (CVE:LRAGet Free Report) fell 2.2% during trading on Tuesday . The stock traded as low as C$1.34 and last traded at C$1.34. 23,200 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 31,010 shares. The stock had previously closed at C$1.37.

Lara Exploration Stock Performance

The company has a market capitalization of C$64.16 million, a price-to-earnings ratio of -70.00 and a beta of 0.31. The company has a fifty day simple moving average of C$1.44 and a two-hundred day simple moving average of C$1.19.

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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