Shares of Lara Exploration Ltd. (CVE:LRA – Get Rating) fell 2.5% during trading on Monday . The company traded as low as C$0.78 and last traded at C$0.78. 16,891 shares traded hands during trading, a decline of 36% from the average session volume of 26,193 shares. The stock had previously closed at C$0.80.
Lara Exploration Stock Down 2.5 %
The firm has a 50-day moving average price of C$0.79 and a two-hundred day moving average price of C$0.78. The company has a market capitalization of C$35.72 million, a P/E ratio of 13.00 and a beta of 0.58.
Lara Exploration Company Profile
Lara Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, iron, phosphate, titanium, vanadium, and zinc deposits. Its flagship property is the Planalto copper project, in which the company has an option to acquire 100% interest located in the Carajás Mineral Province of northern Brazil.
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