Shares of Lara Exploration Ltd. (CVE:LRA – Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$3.73 and traded as low as C$3.60. Lara Exploration shares last traded at C$3.60, with a volume of 135 shares trading hands.
Lara Exploration Stock Performance
The stock’s 50 day simple moving average is C$4.09 and its 200 day simple moving average is C$3.73. The firm has a market cap of C$223.19 million, a P/E ratio of -45.00 and a beta of -0.89.
About Lara Exploration
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. The company also holds interest in the Tocantins gold project in Central Brazil; and the Celesta copper mine and the Fofoca South gold project in Brazil.
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