Lara Exploration (CVE:LRA) Stock Price Down 0.4% – Time to Sell?

Lara Exploration Ltd. (CVE:LRA)’s share price dropped 0.4% during mid-day trading on Tuesday . The stock traded as low as C$2.53 and last traded at C$2.54. Approximately 9,995 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 13,083 shares. The stock had previously closed at C$2.55.

Lara Exploration Trading Down 0.4%

The stock has a market capitalization of C$128.37 million, a P/E ratio of -42.33 and a beta of -0.74. The company has a fifty day simple moving average of C$2.52 and a two-hundred day simple moving average of C$2.39.

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.