Scotiabank reissued their sector perform rating on shares of Lucara Diamond Corp. (TSE:LUC) in a report issued on Wednesday. Scotiabank currently has a C$3.15 target price on the stock.

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets boosted their price target on shares of Lucara Diamond Corp. from C$3.25 to C$3.50 in a research report on Thursday, September 29th. Haywood Securities dropped their price target on shares of Lucara Diamond Corp. from C$3.90 to C$3.70 and set a hold rating on the stock in a research report on Monday, August 8th.

Lucara Diamond Corp. (TSE:LUC) opened at 3.34 on Wednesday. The stock has a market cap of $1.27 billion and a price-to-earnings ratio of 16.21. Lucara Diamond Corp. has a 12-month low of $1.55 and a 12-month high of $4.39. The company has a 50-day moving average of $3.87 and a 200 day moving average of $3.89.

About Lucara Diamond Corp.

Lucara Diamond Corp. is a diamond mining company focused on Africa. The Company’s business consists of the acquisition, exploration, development and operation of diamond properties. The Company’s primary segments are based on individual diamond properties, being the Karowe Mine and Corporate. The Corporate office provides support to Karowe Mine with respect to sales, treasury and finance, technical support, regulatory reporting and corporate administration.

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