Lucara Diamond (TSE:LUC) Announces Quarterly Earnings Results

Lucara Diamond (TSE:LUC) released its quarterly earnings data on Friday. The company reported C$0.02 EPS for the quarter, FiscalAI reports. The business had revenue of C$58.29 million for the quarter. Lucara Diamond had a net margin of 7.98% and a return on equity of 3.63%.

Lucara Diamond Price Performance

TSE:LUC opened at C$0.16 on Friday. The firm’s fifty day moving average is C$0.16 and its two-hundred day moving average is C$0.22. The firm has a market cap of C$238.56 million, a price-to-earnings ratio of 3.20, a PEG ratio of -0.81 and a beta of 0.30. The company has a debt-to-equity ratio of 85.84, a quick ratio of 1.42 and a current ratio of 11.26. Lucara Diamond has a one year low of C$0.14 and a one year high of C$0.34.

About Lucara Diamond

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Lucara has an experienced board of directors (the “Board”) and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.